6 12TH 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 |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| Jun 21, 2024 | In contract | - | |
| In contract | |||
| Jun 10, 2024 | Price Decreased |
$1,850,000
↓ $100K
(5.1%) | |
| Price Decreased | |||
| Mar 23, 2024 | Listed by EXP REALTY LLC | $1,950,000 | |
| Listed by EXP REALTY LLC | |||
| | |||
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Experience the St. Augustine Beach lifestyle at it's finest! Just steps from the sand, in the heart of St. Augustine Beach you'll find 6 12th St. With over 3,000 square feet of living space, a 3+ car garage and large drive way, there's plenty of room for everyone and all their beach toys! All while being on a highly sought after street, the 3rd house from the non driving beach. This property is in the golden mile with the golden ticket - one of the 100 transient rental licenses in St. Augustine Beach city limits. Giving the home owner the opportunity to use the property as a short term rental! As you make your way up to the 2nd floor, you may choose to take the stairs or the elevator... the main living area, dining room and gourmet kitchen await. Beautiful granite counter tops, stainless steel appliances, a functional island, wine fridge and additional under the counter ice maker will surely keep the chef in your house happy! If you rise with the sun, there is no better place to enjoy the morning views than from the front porch. It is equally the perfect place to end the day while cooking out on the propane grill. Be sure to leave the sliding glass doors open and enjoy the sea breeze as it fills the home. The spacious master suite boasts a spa like bathroom, with a walk in shower, duel vanities and a jetted tub. The 3rd floor will allow your guests or the kids to have their own space. We know they will enjoy the 3rd floor loft area, equipped with books, games, a smart tv, comfortable seating and a pull out sofa for extra guests. Enjoy peeks of the ocean from the 3rd floor as well as 3 bedrooms and 2 full baths. The back yard is fully fenced and ready for your furry friends and the ideal place for a pool! There is already a private outside shower to wash away the sand. This property is being sold turnkey and fully furnished. It is currently on a vacation rental.
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| Sep 29, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017