217 NINETEENTH Street
About This Property
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What does this mean?
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%.
How much can I actually make?
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 |
|---|---|---|---|
| Jan 28, 2025 | Sold | ||
| Sold | |||
| Jan 6, 2025 | In contract | - | |
| In contract | |||
| Sep 30, 2024 | Listed by ERA ONETEAM REALTY | $868,900 | |
| Listed by ERA ONETEAM REALTY | |||
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Investor Alert!!
Introducing $125,000+ income producing luxurious two-story beach retreat just steps from Vilano Beach! This fully furnished, turn-key home offers the perfect blend of style, comfort, and convenience. Whether you're seeking a high-performing income property or a serene family getaway, this home has it all.
With a private heated saltwater pool and hot tub, both just a couple of years old, plus a brand-new roof, plus 1 month old AC, this beachside haven is ready for your immediate enjoyment. The spacious layout features 3 bedrooms and 2.5 bathrooms, ideal for large families or hosting guests. The fully fenced backyard creates an oasis for relaxation and entertainment, complete with an outdoor shower, propane grill, and ample lounging areas. The garage doubles as a game room, offering ping pong, darts, and more—perfect for making memories.
.... Inside, the open-concept kitchen is equipped with stainless steel appliances, a large island, and seating for casual dining. The living and dining areas flow seamlessly to the outdoors, bringing the coastal breeze right into your living space. Upstairs, the master suite is a retreat in itself, featuring a king bed, walk-in closet, and a private balcony with ocean views.
This income-producing gem is also ideal for short-term rentals, located on a quiet street and just a two-minute walk to a secluded beach. Situated only 12 minutes from downtown St. Augustine, you're never far from top-tier dining, local attractions, and historical sites.
With its unbeatable location, luxurious amenities, and investment potential, this Vilano Beach home is a rare opportunity to own a slice of Florida paradise. Whether you're seeking a beach lifestyle or a high-yield rental property, this home checks all the boxes!
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| Sep 16, 2020 | Sold | ||
| Sold | |||
| Apr 22, 2020 | Listed by LANDMARK REALTY INC | $425,000 | |
| Listed by LANDMARK REALTY INC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017