377 SAN NICOLAS Way
About This Property
377 San Nicolas is a 5-minute bike ride to the beach, a 10-15 minute drive to Downtown St. Augustine dining and shopping and 15 minutes to the local Flagler Hospital.
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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 |
|---|---|---|---|
| Dec 9, 2022 | Sold | ||
| Sold | |||
| Nov 18, 2022 | Listed by BEYCOME OF FLORIDA LLC | $634,900 | |
| Listed by BEYCOME OF FLORIDA LLC | |||
| Oct 6, 2022 | Listed by THE NEWCOMER GROUP | $619,900 | |
| Listed by THE NEWCOMER GROUP | |||
| | |||
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*Saturday 11/5 from 11am-2pm - OPEN HOUSE*Welcome to 377 San Nicolas Way! This beautiful lakefront home features 3 spacious bedrooms, 2 bathrooms, a brand NEW shingle roof from September 2022, and newer AC in 2018! As you enter the home, you will be greeted with an expansive living room that's focal point looks over one of the most spectacular lakes in the Ocean Palms community. The fully-equipped kitchen features hard surface granite countertops with white appliances complimented with a formal dining room in the front of the home and a breakfast kitchen nook in the back with views of the lake! Enjoy having guests stay over with this complete split floor plan that brings an ultimate feeling of privacy. The master suite includes high vaulted ceilings, an extended bathroom, double sinks, a walk-in shower with a bench, and two walk-in closets. This room has its own sliding glass door to the back patio and views of the lake! One of the most significant features to enjoy will be your fully screened-in rear lanai facing the well-groomed backyard with plenty of room for a pool along the lake frontage. Lastly, the community of Ocean Palms has a pier on the Intracoastal for fishing and enjoying sunsets, a community pool, a playground, and a park with a picnic area under a pavilion. There are regular social activities year-round to know your neighbors better. 377 San Nicolas is a 5-minute bike ride to the beach, a 10-15 minute drive to Downtown St. Augustine dining and shopping, and 15 minutes to the local Flagler Hospital. Embrace this gated community and the incredible lifestyle it has to offer. Come book a tour today!
| |||
| Aug 24, 2022 | Listed by BEYCOME OF FLORIDA LLC | $637,000 | |
| Listed by BEYCOME OF FLORIDA LLC | |||
| Dec 26, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017