123 CORDOVA (6 PALM ROW) Street
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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%.
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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.
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When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 8, 2024 | Sold | ||
| Sold | |||
| Sep 11, 2023 | Listed by STA REALTY | $1,195,700 | |
| Listed by STA REALTY | |||
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DUPLEX zoning w/ attached Mother-In-Law suite and separate side entrance off of Palm Row. The 3rd floor is an open flex space that can be used to build more bedrooms or as a hang out spot. Brand New metal roof recently installed. Located right across from The Lightner Museum and nestled directly behind the famous Casa Monica Hotel. This victorian gem comes filled with a swanky mix of the historical past combined with new modern touches and once housed officers from the nearby Castillo De San Marcos Fort when it was in operation. 30 day minimum for rentals due to its historical zoning.
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| Mar 20, 2023 | Listed by STA REALTY | $1,299,000 | |
| Listed by STA REALTY | |||
| Sep 21, 2016 | Sold | ||
| Sold | |||
| Jun 30, 2014 | Listed by MAY REAL ESTATE GROUP | $898,000 | |
| Listed by MAY REAL ESTATE GROUP | |||
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Unbelievably rare opportunity built in 1905 on historic Palm Row in downtown St. Augustine. Step out your door onto a quaint cobblestone street just steps to both St. George and Cordova St. This remarkable home proudly offers 3849 heated and cooled space with multiple porches overlooking the Lightner Museum & Casa Monica Hotel. Live right in the heart of the historic district, yet retreat to your own completely private backyard with room for a pool.
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About Old City
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017