230 CORNELL Road
About This Property
This charming 3-bedroom, 1-bathroom gem boasts 1,240 square feet of comfortable living space on a spacious 0.18-acre lot. Originally built in 1979, the home offers a modern twist with a newly renovated kitchen featuring new appliances and a recently replaced (2-year-old) HVAC system for year-round comfort.
Unwind in a spacious backyard, complete with a fully insulated shed equipped with electricity and water, perfect for a workshop or hobby room. Take a refreshing rinse under the convenient outdoor shower.
Ideal for Investors and Owners Alike!
This versatile property offers freedom from HOA restrictions and short-term rental limitations. The flexible layout presents the potential to easily convert to a two-bathroom home, maximizing its value. Prime Location!
Just a 5-minute drive from vibrant downtown St. Augustine and a short 15-minute trip to the beach, this home offers the best of both worlds. Enjoy convenient access to shopping and local amenities. The expansive lot provides ample space for your boat, RV, or trailer, while the fully fenced backyard ensures privacy for entertaining or relaxation.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 3, 2024 | Sold | ||
| Sold | |||
| Apr 25, 2024 | Listed by MOMENTUM REALTY | $269,000 | |
| Listed by MOMENTUM REALTY | |||
| Nov 21, 2017 | Sold | ||
| Sold | |||
| Nov 20, 2017 | Listed by FLORIDA HOMES REALTY & MTG LLC | $145,000 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
| | |||
| Jul 28, 2017 | Listed by MOMENTUM REALTY | $145,000 | |
| Listed by MOMENTUM REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017