5301 3RD Street
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 |
|---|---|---|---|
| May 29, 2020 | Sold | ||
| Sold | |||
| Jan 2, 2020 | Listed by REMAX LEADING EDGE | $389,900 | |
| Listed by REMAX LEADING EDGE | |||
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Enjoy lounging by your own pool in this great concrete block home on Anastasia Island with a short walk or bike to the beach. Tile floors and new paint throughout make this home fresh, bright and move-in ready. Large oversized lot and spacious side entry garage a plus. No HOA rules, so parking the boat or RV, having shed or workshop, or short term rental are possible. Check out the virtual tour that lets you digitally walk through the home! Relax by the pool or spend your days at the beach! This custom built concrete block home has an elevation of 9.8' for the living area. The large living-dining area is the center of the home with a fireplace for cool evenings. The master bedroom has amazing space with an ensuite bath and large, walk-in closet. Room for guests in the secondary bedroom with ensuite guest bath and third bedroom is super large for guests, office or den space. Kitchen with double ovens for the chef and eat-in area overlooking the backyard greenery. Laundry room and half bath lead to that oversized garage to store your toys. No HOA here, so you can bring your boat, RV, or build a workshop in the back on this oversized lot. Short term vacation rental is also a possibility in this location. Nice screened pool and lanai area for entertaining or just for your quite enjoyment. Walk or bike to the beach from here with an easier A1A crossing at Matanzas Avenue. Enjoy the nearby Windswept Acres Park too. Short drive to dining, shops or Historic Downtown St. Augustine. This is the perfect location for your beach home.
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| Jul 5, 2019 | Listed by REMAX LEADING EDGE | $400,000 | |
| Listed by REMAX LEADING EDGE | |||
| Jun 19, 2000 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017