3960 S A1A #505
About This Property
The manager has listed the unit size as 1296 square feet.
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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.
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 |
|---|---|---|---|
| Nov 30, 2024 | No longer available | - | |
| No longer available | |||
| Nov 12, 2024 | Withdrawn | - | |
| Withdrawn | |||
| May 26, 2023 | Listed | $409,000 | |
| Listed | |||
| | |||
|
Perfect Investment & second home. Modest HOA Fees. Avoid high-cost condos & HOA Fees.
Short term rentals allowed. Gated resort community in the heart of Anastasia Island. Oak tree canopy and lush grounds create a serene, shaded environment. Updated 2/2/1 townhome with ample room to live and enjoy. Screened patio off living room. Updated appliances, kitchen and baths, LED lights. Short walk to deeded beach access and a tennis club next door. Heated community pool to enjoy. Some of the lowest HOA fees on the Island. Water, sewer, basic cable, internet, trash, management and grounds care included in HOA dues. Perfect year round, second home or rental property. Snowbird rental season is coming!
| |||
| Apr 22, 2023 | No longer available | - | |
| No longer available | |||
| Jan 25, 2023 | Price Decreased |
$429,000
↓ $16K
(3.6%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/17/2026
|
2 Bed
|
2 Bath
|
1136 ft²
|
$440,000
2 Bed
2 Bath
1136 ft²
|
$335,000
-23.86%
02/18/2026
|
NON MLS (realMLS)
NON MLS (realMLS)
| |
|
06/30/2023
|
Studio
|
2 Bath
|
-
|
$429,000
Studio
2 Bath
|
$429,200
+0.05%
09/20/2023
|
Dirk Schroeder
CENTURY 21 ST AUGUSTINE PROPERTIES
| |
|
05/28/2023
| |
2 Bed
|
2.5 Bath
|
1296 ft²
|
$419,000
2 Bed
2.5 Bath
1296 ft²
|
-
-
|
Robert Steiner
EXP REALTY LLC
|
|
05/26/2023
|
2 Bed
|
3 Bath
|
1296 ft²
|
$409,000
2 Bed
3 Bath
1296 ft²
|
-
-
|
ROB STEINER
COLDWELL BANKER PREMIER PROPERTIES
| |
|
08/15/2022
|
2 Bed
|
2.5 Bath
|
1296 ft²
|
$445,000
2 Bed
2.5 Bath
1296 ft²
|
-
-
|
GLORIA ANN WORLEY
CENTURY 21 ST AUGUSTINE PROPERTIES
| |
|
05/22/2020
|
2 Bed
|
2 Bath
|
1178 ft²
|
$239,000
2 Bed
2 Bath
1178 ft²
|
$210,000
-12.13%
07/27/2020
|
SARAH WATHEN
KELLER WILLIAMS REALTY ATLANTIC PARTNERS
| |
|
02/18/2020
|
2 Bed
|
3 Bath
|
1296 ft²
|
$229,900
2 Bed
3 Bath
1296 ft²
|
-
-
|
William A Miller
Soaring Real Estate, LLC
| |
|
08/08/2001
| |
2 Bed
|
3 Bath
|
1296 ft²
|
$99,900
2 Bed
3 Bath
1296 ft²
|
$97,000
-2.90%
09/26/2001
|
MARCUS WALLY
NEW WORLD REALTY & PROPERTY MANAGEMENT, INC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017