35 DESOTO Place
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%.
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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 |
|---|---|---|---|
| Dec 31, 2024 | Sold | ||
| Sold | |||
| Oct 14, 2024 | In contract | - | |
| In contract | |||
| Sep 30, 2024 | Price Decreased |
$519,999
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Jul 5, 2024 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | $530,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | |||
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Discover this beautifully renovated cottage that combines modern amenities with classic charm. This delightful home features a fully updated gourmet kitchen, boasting stainless steel appliances, a gas range, ample cabinetry, granite countertops, and direct access to a back deck and a covered patio (perfect for a pet retreat). The spacious living room and sunroom provide plenty of natural light, while the generously sized bedrooms each have their own private bathrooms and original hardwood floors. Additional highlights include a covered patio off the back deck, a detached 1.5 car garage with a concrete floor that is climate controlled and is currently a short-term rental money maker! Feel free to ask for previous rental history! Situated on an oversized lot with ample space for a pool, the property is beautifully landscaped and features a rain barrel for eco-friendly watering. You'll be within walking distance to all the fabulous downtown restaurants, with Blue Hen just two short blocks away, as well as Flagler College, shops, and the Lightner Museum. This property is being sold furnished and you can't beat this location!
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| Sep 17, 2021 | Sold | ||
| Sold | |||
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About Lincolnville
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$1,750 /mo
- 3 Beds
- 2 Baths
- 1,160 ft²
$1,750 /mo
- 3 Beds
- 2 Baths
- 1,160 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017