448 COLUMBUS Street
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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.
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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 |
|---|---|---|---|
| May 22, 2024 | Sold | ||
| Sold | |||
| Apr 14, 2024 | Listed by ENDLESS SUMMER REALTY | $375,000 | |
| Listed by ENDLESS SUMMER REALTY | |||
| | |||
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Being offered fully furnished and turnkey for the savvy investor looking for a quick start up for a short term rental! This charming oasis is situated in a quaint neighborhood just 1.2 miles from historic downtown St. Augustine and 4 miles from the beach! This 1950 bungalow exudes character with its large covered front porch, original hardwood floors, wood kitchen cabinetry, and cozy shiplap paneling around the fireplace. The spacious kitchen is a chef's dream, offering a generous dining space, plenty of storage and prep space for family meals. With an open floor plan, you can effortlessly chat with guests while you cook. Located off of the living area, there are 2 cozy bedrooms, one offering a half bath. A highlight of the home is the oversized backyard, perfect for hosting barbecues and outdoor games. Dine under the stars on the large covered deck with ambient outdoor string lighting, or rinse off sandy feet and surfboards in the new outdoor shower after a day at the beach. It's rare to find this kind of space and privacy so close to downtown! This home features recent upgrades including a 3-year-old HVAC, updated electrical, full plumbing repipe in 2021, with the septic system inspected and pumped the same year. The property comes fully furnished including extras like a ping pong table, fire pit, corn hole set, propane grill, and bicycles. Additionally, over $25,000 has been invested in repairs and improvements such as exterior repairs, a new backyard fence, rewiring, replumbing, a new wood deck and railing, fresh paint inside and out, faux wooden blinds, a new washer and dryer, and a new microwave. Don't miss out on this meticulously cared for home that blends vintage charm with modern comfort, creating the perfect retreat near the heart of St. Augustine's historic charm and coastal beauty.
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| Oct 22, 2021 | Sold | ||
| Sold | |||
| Oct 20, 2021 | No longer available | - | |
| No longer available | |||
| Sep 29, 2021 | In contract | - | |
| In contract | |||
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About St. Johns
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$1,750 /mo
- 3 Beds
- 2 Baths
- 1,160 ft²
$1,750 /mo
- 3 Beds
- 2 Baths
- 1,160 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017