291 CORTEZ Drive
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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 |
|---|---|---|---|
| May 22, 2024 | Sold | ||
| Sold | |||
| Apr 30, 2024 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | $459,999 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | |||
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Welcome to your dream home in the beautiful St. Augustine Shores neighborhood! This charming three-bedroom, two-bath residence boasts the durability of concrete block construction and the assurance of a stunning 2023 roof, ensuring both timeless appeal and modern reliability. Nestled on a serene street with uninterrupted views of lush greenery and no homes obstructing the tranquil scenery, this abode offers the epitome of peaceful living. Imagine waking up to the gentle whispers of the nearby golf course, inviting you to indulge in leisurely strolls or a round of your favorite sport at your convenience. Step inside to discover a thoughtfully designed layout that effortlessly blends functionality with elegance. The high ceilings lend an airy ambiance to the living spaces, creating an inviting atmosphere for relaxation and entertainment alike. With minimal neighbors in this prime location, privacy is one of the many cherished perks.
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| Dec 1, 2023 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | $475,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | |||
| Jul 20, 2018 | Sold | ||
| Sold | |||
| Jan 24, 2017 | Sold | ||
| Sold | |||
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About St. Augustine Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017