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3381 3RD Street
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 |
|---|---|---|---|
| Mar 30, 2026 | Price Decreased |
$35,000
↓ $290K
(89.2%) | |
| Price Decreased | |||
| Jan 12, 2026 | Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST | $325,000 | |
| Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST | |||
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To be built home ideally situated in St. Johns County just beyond the city limits of St. Augustine, this home site offers a prime location with convenient access to area amenities. You can choose from several floor plans, pick the one that suits your needs. The property is approximately 15 minutes from historic downtown St. Augustine and an additional 10 minutes to the pristine beaches or the acclaimed St. Augustine Amphitheater—recognized as one of the top five performance venues in the nation. Located just west of Interstate 95 and within five miles of a newly constructed fire station, the site may offer potential benefits in reduced homeowners' insurance costs. The parcel is served by county water and will require installation of a septic system. Zoned RS-3, it carries a Flood Zone X designation—the preferred classification that does not mandate flood insurance.
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| Oct 23, 2025 | Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST | $37,000 | |
| Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST | |||
| May 21, 2024 | No longer available | - | |
| No longer available | |||
| Jan 4, 2024 | Relisted | $25,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017