260 DESOTO 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 |
|---|---|---|---|
| Oct 31, 2024 | Sold | ||
| Sold | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Sep 20, 2024 | Relisted | $450,000 | |
| Relisted | |||
| Sep 11, 2024 | No longer available | - | |
| No longer available | |||
| Sep 9, 2024 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $490,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
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Island living never felt this good. Welcome home to Treasure Beach, your waterfront living community. Situated on 75 feet of prime canal frontage sits 260 Desoto Road in beautiful St Augustine, FL. This 1720 sq ft, 3 bedrooms, 2 bath, well-appointed home boasts cathedral ceilings with an open floor plan that is great for entertaining your family or guest's. The large primary suite features tons of windows to bring in all the Florida sunshine and a large primary bath with walk in shower and garden tub. The formal living room features a real wood burning fireplace overlooking your backyard oasis. Three large decks give you plenty of options for grilling or relaxing in the beautiful Florida weather. The large live oak trees on the property give it that formal Southern charm. The backyard features two storage sheds, a newly installed 12,000lb boat lift motors, newer bulk head and floating dock, giving you easy access to the intracoastal waterway leading to the Atlantic Ocean. If putting your toes in the sand is more your speed, the Treasure Beach community offers a private boardwalk and beach access to the world class Crescent Beach. The newly installed crosswalk makes for easy and safe access. This home is perfect for a full time residence or short-term rental, bringing in additional passive income for years to come. Within close proximity to downtown St Augustine and world-class dining and entertainment, this home is perfect for all your wants and needs. Come see what others have been talking about; come live the Florida lifestyle
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017