56 SARAGOSSA 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 |
|---|---|---|---|
| Aug 28, 2023 | Sold | ||
| Sold | |||
| Jan 25, 2023 | Listed by eXp REALTY LLC | $679,999 | |
| Listed by eXp REALTY LLC | |||
| Mar 1, 2021 | Sold | ||
| Sold | |||
| Jan 12, 2021 | Listed by eXp REALTY LLC | $399,000 | |
| Listed by eXp REALTY LLC | |||
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Priced to sell!! Located in the heart of downtown St. Augustine, in the coveted Model Land District, this 3 bed/2 bath home is a classic charmer! Offered fully furnished, this home is as turnkey as it gets! Kitchen leading into dining and living spaces offers great entertaining opportunities or just cozy mingling with the family. Two nice sized guest bedrooms across from one another lead to a spacious bonus room with built in shelving. Large master bedroom easily accommodates a king sized bed.
Updates include stucco siding, new tankless hot water heater, new flooring in living and dining areas, closed cell foam insulation throughout crawlspace, and more. This Saragossa/Riberia Street corner location is the perfect place to feel a part of the vibrant life of the city. Sip coffee on your front porch, walk to your favorite restaurants, or go shopping on St. George Street. Great place to live or to own as an investment property. RG-1 zone allows for nightly rentals. Sleeps up to 12 people, with designated parking for 4 vehicles. 2020 appraisal valued this property at $470,000. Being offered AS IS. Owners are licensed Realtors.
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| Mar 30, 2020 | Listed by eXp REALTY LLC | $424,000 | |
| Listed by eXp REALTY LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017