302 CHAPEL Road
About This Property
Perfect for an Investor or First Time Home Owner!!
This 3 bedroom, 1 bath concrete block home with great bones. Current owners have lived in the home for 30 years and have done some nice updates. Great location, close to downtown St. Augustine, shopping and more. Your backyard is Flagler College's sports so no one can build behind you. Backyard is fully fenced with 6 ft privacy fence, sprinkler system in the front, new metal roof and more! The property does have a shed which is great for storing your outside yard tools. Don't miss out. Upgraded to 200 Amp electrical. Seller is offering a 1 year home warranty with 2-10 Home Warranty
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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 29, 2020 | Sold | ||
| Sold | |||
| Mar 18, 2020 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | $159,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | |||
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017