236 DESOTO Road
About This Property
The property has a great wooded lot and Canal space where you can add additional water sports and a Boat Lift. The lot is spacious and ready for any sort of activities to be added that might make your lifestyle complete. The Community has Deeded access over to the Ocean. Property is now under construction. Available mid-July mid-July
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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 5, 2021 | Sold | ||
| Sold | |||
| Jun 12, 2020 | No longer available | - | |
| No longer available | |||
| Jun 8, 2020 | Listed by WATSON REALTY CORP | $289,900 | |
| Listed by WATSON REALTY CORP | |||
| Aug 7, 2019 | Listed by WATSON REALTY CORP | $197,500 | |
| Listed by WATSON REALTY CORP | |||
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Property is a great wooded lot with more than 150 feet on the canal. Bulkhead and Floating dock are 3 years old. Also, has pilings set for a boat lift. Owner has special pricing for completion of the boat lift. There is a singlewide trailer on the property but has no value other than savings on impact fees. The owner will negotiate with buyer on removal of the trailer. The waterway has been dredged so water travel is enhanced. Community has a private walkover to the beach. Nice location to build your home on this waterfront lot with great access to all that Saint Augustine has to offer.
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| Jan 13, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017