425 PORPOISE POINT Drive
About This Property
YOU'LL LOVE THE LIFESTYLE THE UNIQUE LOCATION OF PORPOISE POINT HAS TO OFFER! COME AND BUILD YOUR DREAM HOME,LOT HAS CONCRETE SEAWALL IN PLACE AND IS AWAITING YOU.
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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 |
|---|---|---|---|
| Sep 18, 2020 | Sold | ||
| Sold | |||
| Sep 3, 2020 | Listed by WATSON REALTY CORP | $899,000 | |
| Listed by WATSON REALTY CORP | |||
| Oct 3, 2019 | Listed by WATSON REALTY CORP | $899,000 | |
| Listed by WATSON REALTY CORP | |||
| Jul 12, 2018 | Listed by COLDWELL BANKER PREMIER PROPERTIES | $1,125,000 | |
| Listed by COLDWELL BANKER PREMIER PROPERTIES | |||
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Amazing Waterfront LOT!!! Buildable lot in the Porpoise Point Seaside Community. This lot is uniquely situated on the Inlet linking the Atlantic Ocean with the Intracoastal Waterway. Enjoy Evening Sunsets over the Nations Oldest City while Dolphins Swim Past and Pelicans Fly By. This Southward Facing Lot overlooks the Lighthouse, Views of Historic Downtown St Augustine all with Amazing Sunsets. Porpoise Point offers Boating, Fishing, Great Restaurants, Shops and Publix Grocery and much more! The lot has a Concrete Sea Wall on the south-side that protects the property. Being on the Inlet is a rare opportunity so if you want a Water Front Home in Beautiful St Augustine, this is the Lot For You!
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| Oct 29, 2009 | Listed by EXIT 1 STOP REALTY | $950,000 | |
| Listed by EXIT 1 STOP REALTY | |||
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EXTRAORDINARY OPPORTUNITY TO OWN ONE OF THE LAST PARCELS OF LAND FACING THE ST. AUGUSTINE INLET. MAGNIFICENT UNOBSTRUCTED VIEWS OF OCEAN, ANASTASIA ISLAND AND ST. AUGUSTINE. EXPANSIVE BEACH BUFFER ASSURES NO OBSTRUCTION OF VIEW. BUILD YOUR DREAM HOME ON PORPOISE POINT.
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About Villano Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017