2861 N 9 Street
About This Property
The spacious living area, complete with a cozy fireplace, is perfect for family gatherings or entertaining friends. You'll love the fully-equipped kitchen, where all appliances are included, making moving in a breeze. The home is low-maintenance with its durable stucco and shell dash exterior, and the 7-year-old roof adds an extra layer of confidence.
Step outside to your large, fenced backyard, ideal for kids, pets, or simply relaxing in your own private oasis. The property also includes a washer and dryer located in the spacious 1-car garage, and storm shutters for all windows to keep you secure during any weather. Perfectly positioned across from the Royal St. Augustine Golf and Country Club and just steps from St. Johns River State College, this home is an excellent opportunity for students, faculty, or investors looking to rent to the vibrant college community. Plus, you'll be just minutes from downtown Saint Augustine, I-95, and zoned for the highly-rated St. Johns County schools.
This move-in ready home is a rare find! don't miss out on the chance to make it yours!
Seller's preferred lender will offer 1% of loan amount towards buyer's closing costs assistance or rate buydown. To take advantage of this, Buyer must use Edward Carlton from Bayway Mortgage Group for Financing.
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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 |
|---|---|---|---|
| Nov 13, 2024 | Sold | ||
| Sold | |||
| Nov 5, 2024 | In contract | - | |
| In contract | |||
| Oct 30, 2024 | Price Decreased |
$277,500
↓ $7K
(2.3%) | |
| Price Decreased | |||
| Sep 30, 2024 | Relisted | $284,000 | |
| Relisted | |||
| Sep 22, 2024 | In contract | - | |
| In contract | |||
Property Highlights
Building Info
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Price/ft²
Listed On
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017