319 RAVENSWOOD Drive
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 |
|---|---|---|---|
| May 11, 2025 | Listed | $385,000 | |
| Listed | |||
| | |||
|
This beautifully designed 3-bedroom, 2-bathroom home, built in 2019, offers a unique opportunity for both investors and future homeowners. Currently operating as a successful short-term rental, the property averages $230 per night with a strong 85/100 market performance rating, making it a proven, income-generating asset in St. Augustine's thriving vacation market. The home features a modern kitchen and bathrooms, updated with a fresh, coastal palette of whites, blues, and granite countertops. A durable metal roof, fenced backyard, and thoughtful layout add lasting value and comfort—whether you're welcoming guests or calling it home. With space to accommodate six, it's well-suited for travelers and families alike.
Beyond its rental success, this property is also ideal for owner-occupants looking to enjoy the charm and lifestyle of St. Augustine. Its turnkey condition, stylish finishes, and central location make it a perfect place to settle in while offering the flexibility to generate income when desired. Located just minutes from waterfront activities, historic sites, festivals, and local markets, this home blends modern living with timeless Florida appeal. Whether you're looking for a smart investment or a place to call home, this property offers the best of both worlds.
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| Nov 1, 2022 | No longer available | - | |
| No longer available | |||
| Oct 28, 2022 | Sold | ||
| Sold | |||
| Sep 13, 2022 | Price Decreased |
$384,900
↓ $15K
(3.8%) | |
| Price Decreased | |||
| Jul 27, 2022 | Price Decreased |
$399,900
↓ $5K
(1.3%) | |
| Price Decreased | |||
Property Highlights
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About St. Johns
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$5,500 /mo
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- 2,223 ft²
$1,395 /mo
- 1 Bed
- 1 Bath
- 850 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017