239 RIBERIA Street
About This Property
Two versatile units on one city lot, just minutes from the heart of the Oldest City and all its historic charm. Built in 2018 and zoned for nightly rentals, this thoughtfully designed property offers flexibility, comfort, and solid income potential - and is offered fully furnished.
The main house features 3 bedrooms, 2 bathrooms, and spans 1,837 sq ft with an open, airy layout. Enjoy views of the San Sebastian River from the front porch upper balcony. The rear of the property includes a detached 2-car garage with an RV garage (30-amp hookup) and awesome game room. Above, the ~ 550 sq ft apartment offers 1-bedroom, 1-bath and a ample kitchenette - ideal for rental income, guests, or multigenerational living.
This home is built high & dry at 10 feet above sea level with a solid stem wall foundation, offering durability and peace of mind. With low-maintenance construction, parking for 6-7 vehicles. Excellent location just moments from all downtown St. Augustine has to offer. Dining, boating, waterfront ,shopping and more. It's perfect for full-time living, a vacation home, or a high-performing rental investment.
Live your dream or fund it this Lincolnville property offers both.
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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 |
|---|---|---|---|
| Dec 17, 2025 | Sold | ||
| Sold | |||
| Dec 9, 2025 | In contract | - | |
| In contract | |||
| Nov 8, 2025 | Price Decreased |
$819,000
↓ $20K
(2.4%) | |
| Price Decreased | |||
| Sep 25, 2025 | Price Decreased |
$839,000
↓ $10K
(1.2%) | |
| Price Decreased | |||
| Sep 6, 2025 | Price Decreased |
$849,000
↓ $51K
(5.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017