53 MASTERS Drive
About This Property
Set under a canopy of towering oaks only 5 minutes from historic downtown St. Augustine, this modern, split-floorplan 3 bedroom, 2 bathroom house with additional guest cottage is an ideal place to call home. Complete with a gourmet kitchen, very spacious master suite with walk-in closet and marble garden tub and walk in shower, laundry room with washer and dryer, and a fully fenced, private backyard perfect for kids and pets, this home is tucked away at 53 Masters Drive.
The property also features a separate, private, fenced, one bedroom cottage with bathroom and full kitchen that makes a perfect short-term or long term rental or can be used as a mother-in-law apartment apartment
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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 |
|---|---|---|---|
| Feb 6, 2021 | Listed by HOMECOIN.COM | $345,000 | |
| Listed by HOMECOIN.COM | |||
| Jun 7, 2016 | Sold | ||
| Sold | |||
| May 11, 2016 | Listed by HOMECOIN.COM | $129,900 | |
| Listed by HOMECOIN.COM | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017