235 DARTMOUTH Road
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 |
|---|---|---|---|
| Nov 12, 2025 | Listed | $349,900 | |
| Listed | |||
| | |||
|
Stunning Turnkey Vacation Rental Investment with Outstanding ROI!!!!
Annual Revenue: ~ $65,000
Investment Highlights
Proven Income Producer - Consistent annual revenue of ~$65,000.
Turnkey Operation - Fully furnished, decorated, and equipped.
Electric Heated Private pool with brick-paver surround—guest favorite! Big draw!
Prime Location - 10 minutes to St. Augustine Beach and Historic District; high demand for short-term stays.
No HOA or CDD Fees - Freedom to operate as a vacation rental.
Low Overhead - Efficient floor plan, low maintenance pool, and recent updates make it easy to manage remotely.
Property Overview
3 Bedrooms | 1 Bath | 968 Sq Ft | Built 1979
Vaulted ceilings + skylight brighten the open living area
Kitchen with oak cabinetry & stainless appliances
Luxury flooring throughout living spaces
Screened 9'×20' porch overlooking lush fenced backyard
Dual paved driveways for boat/RV parking
Oversized lot with storage shed. Financial Snapshot
Gross Annual Revenue for last three years ~$65,000
Average Nightly Rate $220 - $250
Occupancy Rate ~70%
Operating Expenses ~40% of gross
Historic Net Income ~$40,000
Historic Cap Rate (at $350K) 11-12%
| |||
| Aug 19, 2022 | Sold | ||
| Sold | |||
| Jul 13, 2022 | Listed by COLDWELL BANKER PREMIER PROPERTIES | $329,900 | |
| Listed by COLDWELL BANKER PREMIER PROPERTIES | |||
| Aug 30, 2012 | Sold | ||
| Sold | |||
| Nov 12, 2003 | Sold | ||
| Sold | |||
Property Highlights
Building Info
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Price/ft²
Listed On
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About St. Augustine South
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017