4301 MYRTLE Street
About This Property
This 2.34 acres looks much as it did 70 years earlier when the owner built his 1,200 sq. ft. cottage just minutes North of the St. Augustine Inlet.
The property consists of 2 lots of 100ft and 143 ft. of ICW frontage.
This property is a fisherman's paradise with its deep water access 24/7 and just minutes from the ocean. Beach lovers can enjoy that the beach is just a short walk from the property.
Several well known eateries and Publix are close by and five minutes to Historic St. Augustine.
The cottage is currently a vacation rental and NOT available for showing.
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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 |
|---|---|---|---|
| Oct 31, 2023 | Sold | ||
| Sold | |||
| May 6, 2022 | Sold | ||
| Sold | |||
| Dec 17, 2021 | Sold | ||
| Sold | |||
| Oct 31, 2021 | Listed by REMAX LEADING EDGE | $275,000 | |
| Listed by REMAX LEADING EDGE | |||
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Wonderful lot to build your dream home and be so close to everything that you love. You will be steps to the intracoastal waterway and just a walk, bike or golf cart ride to the ocean with access at the end of Third Street. Bring your kayaks, stand up paddle boards, and other water toys to this great location. This 75' x 100' lot is mostly cleared with water views depending on the design of your new home. What a great opportunity to enjoy sunrises and sunsets every day. Build your dream home here and you will be just steps to Cap's for dinner, or a short drive to other great restaurants in the area or the Vilano Town Center to enjoy a walk on the pier.
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| May 3, 2021 | Sold | ||
| Sold | |||
Property Highlights
Building Info
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Price/ft²
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About Villano Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017