5488 5TH 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 |
|---|---|---|---|
| Jun 5, 2018 | Sold | ||
| Sold | |||
| Feb 19, 2018 | Listed by WATSON REALTY CORP | $355,888 | |
| Listed by WATSON REALTY CORP | |||
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Amazing Multi-level floor plan. Bring Guests and relatives closer together with this dream home steps from the beach and intracoastal waterway. Exposed wood beams in ceiling are sure to be a talking point while watching beautiful sunsets from the living room and patio areas. This home has everything upgraded, Gas range, beautiful stone countertops, Spa style bathrooms, barn doors and Massive storage areas for all your Florida outdoor toys! Boat ramp to the Intercoastal waterway is less than a 1/4 mile away from the home Minutes from Amazing downtown St. Augustine, Shopping, beaches. Don't miss an opportunity to call this home yours!
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| Aug 8, 2017 | Listed by LIGHTHOUSE REALTY ASSOCIATES | $379,900 | |
| Listed by LIGHTHOUSE REALTY ASSOCIATES | |||
| Jul 8, 2017 | Listed by LIGHTHOUSE REALTY ASSOCIATES | $379,900 | |
| Listed by LIGHTHOUSE REALTY ASSOCIATES | |||
| Apr 15, 2016 | Listed by LIGHTHOUSE REALTY ASSOCIATES | $379,900 | |
| Listed by LIGHTHOUSE REALTY ASSOCIATES | |||
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Gorgeous home steps to the beach with NEW roof, windows, and water heater. With tons of character, one-of-a-kind architecture, and a surprise around every corner, this house is sure to impress you and your guests. Throw a garden party in the lush yard; then, walk your company afterwards to the Intracoastal and watch an incredible sunset over the water. Across the street is preserve land, so it will never be cleared or built on. The unique nature of this residence is clear from the beginning. The elevation sports first AND second floor screened-in porches â“ perfect spots for surf boards, sandy bathing suits, or a grill. Enter the second-level living space through beautiful French doors. Exposed wood cathedral ceilings, abundant windows, and a kitchen finished with granite countertops and a counter-to-ceiling backsplash all make a big statement. Walk up a short flight of stairs to the master bedroom, featuring the continuing cathedral ceiling and an arrangement of windows that leaves the room bathed in warm, colorful light from the unobstructed sunset. Stretch out in a large en-suite bathroom with a stand-up shower offering two handheld shower heads.
The second bedroom has plenty of closet space; beautiful tile, natural light, and a door-less shower with built-in shelves and safety seat adorn the second bathroom. Use your imagination to turn the bonus rooms into something special. Set up an award display, entertainment spot, or library. The ground floor provides enough space for seating, dining, or both.
Start vegetable gardens in the existing flower beds in your side yard which is partially privacy fenced. A natural barrier of bamboo in the back of the home ensures privacy and quiet. The pagoda, on which a beautiful vine has started to climb, provides a cute spot to sip a cocktail and catch up on your favorite novel.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017