42 FALCON RIDGE Road
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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 |
|---|---|---|---|
| Mar 17, 2023 | Sold | ||
| Sold | |||
| Jan 24, 2023 | Listed by LGI REALTY- FLORIDA | $427,900 | |
| Listed by LGI REALTY- FLORIDA | |||
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This move-in ready home is located in the highly-desirable area of St.Augustine. This delightfully-designed, two story home features thousands of dollars of upgrades including stainless-steel Whirlpool appliances, sprawling quartz countertops and 42'' upper cabinets with crown molding. It also boasts an adjacent dining area, a first- floor master retreat and a sizable loft that can be transformed into a bedroom or game room. Homeowners will appreciate the mater retreat with its own large bathroom, double sinks and spacious walk-in closet.
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| Aug 2, 2022 | Listed by JOSEPH BOYD, BROKER | $450,900 | |
| Listed by JOSEPH BOYD, BROKER | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017