3861 PALM Street
About This Property
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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 |
|---|---|---|---|
| Apr 2, 2025 | In contract | - | |
| In contract | |||
| Mar 30, 2025 | Price Decreased |
$969,900
↓ $28K
(2.8%) | |
| Price Decreased | |||
| Mar 20, 2025 | Price Decreased |
$997,900
↓ $77K
(7.2%) | |
| Price Decreased | |||
| Mar 16, 2025 | Price Decreased |
$1,075,000
↓ $40K
(3.6%) | |
| Price Decreased | |||
| Mar 1, 2025 | Listed | $1,115,000 | |
| Listed | |||
| | |||
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Live by the Ocean 2 blocks from the Ocean and 2 blocks from the Intracoastal waterway!!!!
This is Paradise!!! 5 bed 3 bath block construction /stucco Hardwood floors Tile in bathrooms/ laundry area and office/5th bedroom . Amazing yard 150 x 100 with 2 separate driveways. Huge 504 sq ft deck Fire pit. Full irrigation. New St Augustine Sod.. 12x20 custom shed with electric.
Brand NEW Hurricane windows and water softener in 2024, In 2021 New HVAC, ROOF, HOT WATER HEATER and ALL APPLIANCES Painted inside and out in 2021, all light fixtures and 11 fans Newly built planter wall surrounding front and sides of home...
Feel the ocean breezes... Hear the waves from your Beach home in Amazing North Beach/Vilano Beach
5 miles to Historic Downtown St Augustine
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017