4577 SIXTH Avenue
About This Property
Step into a rare investment opportunity with this newly built (2023) short-term rental, just a few miles from the historic charm of St. Augustine. This stunning 3/2 home offers an effortless transition for the next investor, with a proven track record of positive income flow and fully furnished for a seamless handoff.
From the moment guests arrive, they'll love the extended driveway, offering ample parking convenience. Inside, the home's open and airy layout is flooded with natural light, perfectly complementing its clean and fresh design. Guests will enjoy modern comforts like an inside laundry room and a backyard oasis, fully equipped for families and pet-friendly stays.
This property has NO CDD or HOA fees, adding to its desirability. Whether you're an investor seeking a hassle-free income stream or a family looking for a peaceful getaway near St. Augustine's attractions, This is a rare find.
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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 |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Jan 25, 2025 | In contract | - | |
| In contract | |||
| Nov 15, 2024 | Listed by FLORIDA HOMES REALTY & MTG LLC | $339,900 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
| Sep 25, 2023 | Sold | ||
| Sold | |||
| May 26, 2023 | Listed by PONTE VEDRA CLUB REALTY, INC. | $309,900 | |
| Listed by PONTE VEDRA CLUB REALTY, INC. | |||
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This Brand-New Construction home is ready to be yours! 3 bedroom 2 bath to be completed end of September 2023. This house offers vaulted ceilings, granite countertops and white shaker soft close cabinets in bathrooms and kitchen, vinyl plank flooring, and stainless-steel appliances. Spray foam insulation making this house energy efficient!
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About St. Johns
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Last Updated: 2 years ago
Data Source: Real MLS, MLS# 2056789
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017