3 COURT THEOPHELIA
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 |
|---|---|---|---|
| Jun 27, 2024 | Sold | ||
| Sold | |||
| Oct 16, 2023 | Listed by THE NEWCOMER GROUP | $619,000 | |
| Listed by THE NEWCOMER GROUP | |||
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Welcome to 3 Court Theophelia, a beautifully updated and fully-furnished home in St. Augustine that offers a unique blend of modern comfort and income potential. The four-bedroom, three-bathroom main house is spacious and is located just a short stroll or bike ride from the historic district. The tranquil charm of the neighborhood pairs perfectly with the vibrant downtown scene of St. Augustine. One of the standout features of this property is the separate, fully furnished guest apartment with a studio layout and a private bathroom. This space provides flexibility for hosting guests or generating rental income. Inside the main house, an updated kitchen, downstairs bedroom, cozy fireplace, and ample natural light create an inviting and warm atmosphere. One could live in either unit and rent the other to help offset your mortgage payment. In addition to these features, the home boasts a newer roof, ensuring peace of mind for years to come. Both the main and guest houses have a strong rental history. The backyard is a true oasis, featuring a charming deck that is perfect for entertaining or enjoying quiet moments. Off-street parking adds to the convenience and desirability of this property. Moreover, you'll love the convenience of having DOS Coffee and Creme de la Cocoa just around the corner. Embrace the opportunity to own a piece of income-producing St. Augustine real estate. 3 Court Theophelia is a unique property in a highly sought-after location. Contact your agent today to schedule a viewing and make this extraordinary property your own.
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| Sep 23, 2021 | Sold | ||
| Sold | |||
| Aug 12, 2021 | Listed by CENTURY 21 ST AUGUSTINE PROPERTIES | $574,900 | |
| Listed by CENTURY 21 ST AUGUSTINE PROPERTIES | |||
| Feb 12, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017