45 OTERO Point
About This Property
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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 |
|---|---|---|---|
| Apr 10, 2026 | Price Decreased |
$618,000
↓ $2K
(0.3%) | |
| Price Decreased | |||
| Jan 28, 2026 | Listed by COLDWELL BANKER PREMIER PROPERTIES | $620,000 | |
| Listed by COLDWELL BANKER PREMIER PROPERTIES | |||
| Jun 9, 2025 | Price Decreased |
$624,999
↓ $4K
(0.6%) | |
| Price Decreased | |||
| May 24, 2025 | Price Decreased |
$629,000
↓ $9K
(1.4%) | |
| Price Decreased | |||
| Mar 1, 2025 | Listed | $638,000 | |
| Listed | |||
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Immaculate Move-In Ready Home in Palencia - Dream Living in St. Augustine, FL!
Welcome to your dream home in the prestigious Palencia community! This beautifully designed 4 bed, 2 bath residence offers 2280 sq. ft. of comfortable living space with tranquil views.
Step inside to find a well designed and bright open-concept floor plan where friends and family can comfortably gather and have easy access to the lanai.
Enjoy Florida's outdoor lifestyle in the privacy of your screened lanai overlooking a pond and wooded backyard which is perfect for relaxing or entertaining.
Located in the heart of Palencia, this home grants access to world-class amenities, including resort-style pools, fitness center, tennis and pickleball courts, parks, and scenic walking trails. Plus, it is conveniently close to top-rated schools, shopping, dining, and historic St. Augustine!
Schedule your private showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017