225 MYSTIC CASTLE Drive
About This Property
Enjoy the peaceful, full fenced and ample backyard either lounging in the jacuzzi in the screened-in lanai or in your backyard patio area. If you desire a pool, this backyard has more than enough room for one. Other backyard features include numerous fruit trees: a Meyer Lemon; an avocado; a Halo Orange; lime tree; Ruby Red Grapefruit; Sugar Belle Orange and a Mandarin Orange. Also there is a deep well for your irrigation system. Visit, fall in love, make an offer!
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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 |
|---|---|---|---|
| Dec 20, 2022 | No longer available | - | |
| No longer available | |||
| Dec 13, 2022 | Sold | ||
| Sold | |||
| Sep 24, 2022 | Price Decreased |
$429,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Jul 22, 2022 | Listed by FIRST COAST SOTHEBYS INTERNATIONAL REALTY | $439,000 | |
| Listed by FIRST COAST SOTHEBYS INTERNATIONAL REALTY | |||
| Nov 24, 2021 | Sold | ||
| Sold | |||
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017