211 SPARTINA Avenue
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 15, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 24, 2024 | Listed by TORTOISE REALTY LLC | $399,999 | |
| Listed by TORTOISE REALTY LLC | |||
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Prime .42 Acre Lot with Boat Slip in St. Augustine's Premier Gated Community
Discover your future home site in Pelican Reef, a waterfront community overlooking historic downtown St. Augustine. This .42-acre lot includes boat slip # 11, a 32' deep water slip currently leased for $600/mth. A short walk or bike ride from the community marina with a fish cleaning station and floating dock. The lot is partially cleared with fill dirt already brought in. Soil tests and recent survey are completed. Enjoy low HOA fees, no impact fees, and no build time limits. Located near the St. Augustine Lighthouse, Amphitheater, Anastasia State Park, and RB Hunt Elementary School. Pelican Reef is home to a variety of wildlife, including herons, egrets and roseate spoonbills, adding to the area's natural charm. This lot, in the HGTV Dream Home neighborhood, is ready for your custom build with ARB approval. Create the ultimate Florida lifestyle with stunning views without the direct waterfront price tag.
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| Mar 20, 2023 | Sold | ||
| Sold | |||
| Jun 17, 2022 | Listed by SUPERIOR REAL ESTATE SERVICES LLC | $375,000 | |
| Listed by SUPERIOR REAL ESTATE SERVICES LLC | |||
| Aug 4, 2017 | Sold | ||
| Sold | |||
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About St. Augustine
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$1,395 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017