260 CERVANTES Avenue
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 |
|---|---|---|---|
| Aug 14, 2024 | Sold | ||
| Sold | |||
| Jul 15, 2024 | In contract | - | |
| In contract | |||
| Jun 23, 2024 | Price Decreased |
$324,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Jun 7, 2024 | Listed by WATSON REALTY CORP | $329,000 | |
| Listed by WATSON REALTY CORP | |||
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No HOA! No CDD! Spacious 3 bedroom/2 bath block home centrally located to all that St. Augustine has to offer. Home features include an open/split floor plan, nicely appointed kitchen, stainless steel appliance package, solid wood cabinetry with tons of storage space, large family room, upgraded lighting throughout, separate laundry room, large master suite with double doors leading out to a beautiful pavered lanai. Sit back and relax in your fenced in backyard with your beverage of choice, a perfect set up for entertaining or just relaxing on those lazy weekends. Perfect starter or retirement home. Upgrades include newer roof, newer ac unit, newer electrical panel and wiring throughout, new pavers, freshly painted outside etc.. With the property being just a short drive to downtown, area beaches, shopping, restaurants and commuting to Jacksonville, it's an absolute GEM!
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| Jan 11, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017