35 MULBERRY Street
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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.
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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 |
|---|---|---|---|
| Jan 25, 2024 | Sold | ||
| Sold | |||
| Nov 20, 2023 | Listed by THE NEWCOMER GROUP | $3,250,000 | |
| Listed by THE NEWCOMER GROUP | |||
| | |||
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Experience waterfront luxury in this St. Augustine home, perfectly poised on the Intracoastal, offering unobstructed views of the city’s treasures. From the sparkling Intracoastal waterway to the historic landmarks like Porpoise Point, Vilano Bridge, and the iconic Lighthouse, this property captures St. Augustine's essence. Rebuilt in 2020, this home seamlessly blends historical charm with modern elegance. No expense was spared during the renovation; every corner exudes quality. The open-concept design connects the living room, dining area, and gourmet kitchen, all overlooking the mesmerizing outdoor space. The kitchen, a chef’s dream, features a gas range, Wolf appliances, and a charming whitewash brick backsplash. Above the garage, a versatile space serves as a game room or a fourth bedroom, perfect for entertainment.
Upstairs, three bedrooms and two full bathrooms await. The primary bedroom offers a spacious sanctuary with walk-in closets and balcony access for sunrise views over the water. The ensuite bathroom is a luxurious retreat with a soaker tub, double vanity, and a standalone shower. The garage, a rarity in downtown St. Augustine, is equipped with temperature control and water supply, ideal for hobbies.
Outside, an infinity pool and hot tub offer relaxation against the Intracoastal backdrop. Trex Decking extends to the backyard/dock, complementing the outdoor shower and no-profile boat lift, making this a boater's paradise. Imagine enjoying 4th of July fireworks from your private dock or strolling to restaurants and shops. This home embraces St. Augustine’s essence, offering a lifestyle beyond compare. Don’t miss this chance to own historic charm, modern luxury, and waterfront marvels.
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| Nov 2, 2023 | Listed by THE NEWCOMER GROUP | $3,250,000 | |
| Listed by THE NEWCOMER GROUP | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017