399 PALISADE Drive
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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 |
|---|---|---|---|
| Jul 19, 2024 | Sold | ||
| Sold | |||
| May 30, 2024 | In contract | - | |
| In contract | |||
| May 17, 2024 | Listed by REALTY ATLANTIC, LLC | $529,000 | |
| Listed by REALTY ATLANTIC, LLC | |||
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Year round vacation in beautiful Shearwater off CR210 in St Augustine. 9' ceilings/3 bedrooms + office-flex room/2.5 bathrooms/inside laundry room/oversize garage with work area/roof and screened lanai backing up to a preserve. Large granite island (5 x 11) kitchen (13 x 15), SS Appliances, gas range, double oven, two bedrooms with Jack and Jill bathroom, gorgeous family room and large dining area with 8' sliders to covered lanai, primary bedroom offers a super large walk-in closet, 2-car garage with additional 10 x 16 workshop area, very private backyard backing up to a lush preserve and much more! Some of the many amenities include: fitness center, lagoon pool, clubhouse, conference room, play area, tennis courts, jogging trail, kayaking, and more! See photos. Click on Tour 1 to see tour of this beauty and Click on Tour 2 to see the many amenities included. Don't lose this one!
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| Nov 23, 2020 | Sold | ||
| Sold | |||
| Oct 16, 2020 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $410,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017