352 VILLAGE Drive
About This Property
Located just north of downtown St. Augustine, this 2-story marsh-front home is ready for new owners to make it their own. In need of some TLC, this home offers a fantastic opportunity for those who do not mind a project in return for stunning views of sunsets over the marsh, a coastal landscape, and native flora and fauna.
The functional layout of this home offers flexibility for family, friends, and hobbies. The huge master bedroom and bathroom is located on the first floor, along with a second full bath and laundry room. On the second floor are two bedrooms that share a jack-and-jill bathroom, as well as a bonus space that is currently set up as an art studio. The studio could easily be converted into a bedroom, bonus room, office, or home gym.
This charming coastal home is truly a wonderful spot to unwind after a day of boating, fishing, beach combing or shelling on one of the most stunning beaches. The Vilano Town Center is just a few minutes to the south, where you can find grocery shopping and favorite restaurants. Everything you need to enjoy the Florida lifestyle is within reach! Please be sure to view the 3D walkthrough virtual tour and schedule your showing today.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 26, 2020 | Sold | ||
| Sold | |||
| Jun 1, 2020 | Listed by REMAX LEADING EDGE | $369,000 | |
| Listed by REMAX LEADING EDGE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017