51 BAY VIEW Drive
About This Property
City living on a beautiful block in Fullerwood Park surrounded by lovely homes just off the marshes of the Intracoastal waterway! Enjoy walking to Historic downtown St. Augustine or a short drive to the beaches. The sellers have totally renovated this home from top to bottom in the past few years. New A/c 2/14/18. Seller will leave the contents of the home.
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Cap Rate Calculator
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 7, 2025 | Listed | $455,000 | |
| Listed | |||
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Tucked away in the heart of Fullerwood Park, this charming 3-bedroom, 1-bath home offers the perfect blend of historic character and modern comfort. Move-in ready and thoughtfully updated, you'll love the open-concept layout that connects the kitchen and living area—perfect for hosting friends or relaxing at home. The kitchen features beautiful butcher block countertops, ample cabinetry, and a seamless flow into the living space. Stylish tile flooring runs throughout the home, and both the kitchen and laundry room have been tastefully updated for a fresh, functional feel. Step outside to enjoy the large, fully fenced backyard with mature trees and a screened-in porch—ideal for morning coffee or winding down in the evenings. The home has also been freshly painted inside and out, making it truly move-in ready. What really sets this home apart is its unbeatable location. Just a quick stroll or bike ride puts you in the heart of historic downtown St. Augustine, where you can grab a cocktail at Boat Drinks, enjoy a craft beer at The Spinster Abbott's, or sip on a latte from Dos Coffee. You're also just minutes from Vilano Beach, with easy access to boutique shops, restaurants, and all the charm that makes this area one of the most sought-after spots in town. Whether you're looking for your full-time residence or a vacation rental opportunity, this Fullerwood gem checks all the boxes.
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| Jul 9, 2023 | No longer available | - | |
| No longer available | |||
| Jul 7, 2023 | Sold | ||
| Sold | |||
| Jul 6, 2023 | In contract | - | |
| In contract | |||
| Jun 11, 2023 | Listed by WATSON REALTY CORP | $449,000 | |
| Listed by WATSON REALTY CORP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017