37 SEMINOLE Drive
About This Property
Oversized garage is great for a small boat at 20' x 28' deep. Tile in living areas and new carpet in bedrooms. Home comes equipped with hurricane panels and an Anderson Sliding door to the back deck. New roof in 2015, New hot water heater and deck in 2016, new A/C Condensor, Fence, and pump in 2017. Home includes Shared dock and Shared well with neighbor to the SW (see attached documents). Utility room of approx 400 SF would make a great workshop as is, or could be easily heated/cooled on existing central system for additional living space as a suite or bonus. House is all concrete block construction with the exception of the 300 SF frame addition on the back.
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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.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 28, 2018 | Sold | ||
| Sold | |||
| Aug 21, 2018 | No longer available | - | |
| No longer available | |||
| May 7, 2018 | Listed | $349,000 | |
| Listed | |||
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Amazing Sunsets Await You At This Natural Paradise In A Very Desirable Location Just Beyond The Hildreth Back Bay & Fullerwood Neighborhoods. The Lot Boasts 100' On The Water/Marsh With Very Private Dead-end Street And Only A Handful Of Neighbors Beyond You. 300+ Sf Back Deck Is Perfect For Cookouts Or Just Sitting To Enjoy The View. The Low Profile Dock Gives You Access To Navigate Through Robinson Creek To The Intracoastal From This Unique Florida Paradise.,Perfect For Kayaking,Paddle Boarding,Flats Fishing Or Just Enjoying Nature. The Property Is Listed Below A Recent Appraised Value. Unfinished Room Of Approx. 400sf Has Potential To Be Made Into A Master Suite Or Other Bonus Room. Oversized 2 Car Garage Is Great For A Small Boat At 20' X 28' Deep. Tile In Living Areas And New Carpet In Bedrooms. Home Comes Equipped With Hurricane Panels And An Anderson Sliding Door To The Back Deck. New Roof In 2015,New Hot Water Heater And Deck In 2016,New A/C Condenser,Fence And Sprinkler Pump In 2017. Home Includes Shared Dock And Shared Well With Neighbor To The Sw (see Attached Documents). House Is All Concrete Block Construction With The Exception Of The 300 Sf Frame Family Room Addition On The Back. The manager has listed the unit size as 1325 square feet.
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| Sep 26, 2017 | Listed by WATSON REALTY CORP | $349,000 | |
| Listed by WATSON REALTY CORP | |||
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About St. Augustine
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017