5342 4TH Street
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 30, 2024 | Sold | ||
| Sold | |||
| Jan 11, 2024 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | $595,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | |||
| Apr 14, 2023 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | $520,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | |||
| | |||
|
What a fantastic find in St. Augustine! Got a 4x4? Drive about a half mile and your tires will be hitting the sands of beautiful Butler Beach, or take your time and make it a pleasant stroll as you head over to dip your toes in the water. The beautifully unique living room with the soaring ceiling and exposed beams is truly the eye-catching feature of this house. The county shows this house as a 3 bedroom, but the 3rd BR does not conform at all, so please be aware of that. The room has been used as a bedroom in the past however. At this price, you can come in and add your special finishes and adjustments to the house, and still end up with some equity in it. The house has already had a good bit of updating, but admittedly still needs some work and TLC to make it home. A few items of note: property is in the process of converting from septic and connecting to the main sewer. We are just waiting for the city to install the tap line. The large flex room behind the fireplace is a beautiful space, but it is not part of the house's central HVAC, but uses a mini split unit for AC. The county does include this room in the square footage, so the square footage on this listing is based on that. Buyer to verify square footage. Lastly, the seller has never lived at the property, however is disclosing here that the previous occupant and next door neighbor have let us know that the property did have water intrusion from the hurricane in 2022. Buyer should perform their own due diligence for size, condition, property history, etc as seller can make no claims or assurances about any aspect or condition of the property.
| |||
| Feb 28, 2023 | Sold | ||
| Sold | |||
| Sep 23, 2022 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | $649,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017