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26 AVERY Street
About This Property
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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%.
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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 11, 2026 | Listed by CHAD AND SANDY REAL ESTATE GROUP | $319,900 | |
| Listed by CHAD AND SANDY REAL ESTATE GROUP | |||
| Apr 29, 2025 | Sold | ||
| Sold | |||
| Apr 4, 2025 | In contract | - | |
| In contract | |||
| Feb 26, 2025 | Price Decreased |
$210,000
↓ $25K
(10.6%) | |
| Price Decreased | |||
| Jan 5, 2025 | Listed by GREAT EXPECTATIONS REALTY | $235,000 | |
| Listed by GREAT EXPECTATIONS REALTY | |||
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Investor Alert! This 1957 2-bedroom, 1-bathroom cottage is ready for immediate purchase. Located just off Masters Drive, this charming home offers no HOA and plenty of potential for personalization. The cottage features a newer roof, approximately 4-5 years old, city water, and a septic system. While the electrical and HVAC are older, the property's proximity to Historic Downtown St. Augustine and CL-1 zoning, which allows nightly rentals, adds incredible value. Buyers are responsible for verifying all intended uses with the City of St. Augustine and performing their own due diligence. The owner is ready to close as quickly as the buyer desires. Don't miss this opportunity!
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Property Highlights
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About St. Augustine
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$2,600 /mo
- 3 Beds
- 3 Baths
- 2,000 ft²
$2,900 /mo
- 2 Beds
- 1 Bath
- 746 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017