$514,900
●
House -
Off Market
6 SOLANO Avenue
St Augustine, FL 32080
3 Beds
3 Baths
2,414 Ft²
$3,423
Est. Monthly
2.83%
Cap Rate
About This Property
Come see this incredibly unique three bedroom 3 bathroom home
located moments away from historic downtown St. Augustine. This
pool home sits on nearly a 1/2 acre in the highly sought after
island neighborhood of Davis Shores. Upon entering there is an open
floor plan with living room, dining room and kitchen, two of the
bedrooms are ensuites and there are two additional spaces that can
be used for office, family room, bonus etc. Short-term rentals are
allowed weekly. Plenty of room left to build on the property and
make it whatever your heart desires. **Sale is a short sale and
seller's acceptance of any offer will be subject to the lenders
approval.
Unit Size
2,414 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$213
Property Type
House
Property Taxes
$894
HOA Dues
-
Year Built
1950
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (Real MLS #2035868)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 17, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 8, 2024 | Listed by VISTA COLLECTIVE REAL ESTATE | $514,900 | |
| Listed by VISTA COLLECTIVE REAL ESTATE | |||
| Jul 2, 2024 | No longer available | - | |
| No longer available | |||
| Jan 16, 2024 | Listed by VISTA COLLECTIVE REAL ESTATE | $539,900 | |
| Listed by VISTA COLLECTIVE REAL ESTATE | |||
| | |||
|
Come see this incredibly unique three bedroom 3 bathroom home located moments away from historic downtown St. Augustine. This pool home sits on nearly a 1/2 acre in the highly sought after island neighborhood of Davis Shores. Upon entering there is an open floor plan with living room, dining room and kitchen, two of the bedrooms are ensuites and there are two additional spaces that can be used for office, family room, bonus etc. Short-term rentals are allowed weekly. Plenty of room left to build on the property and make it whatever your heart desires. **Sale is a short sale and seller's acceptance of any offer will be subject to the lenders approval.
| |||
| Feb 25, 2022 | Sold | ||
| Sold | |||
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Property Highlights
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About South Davis Shores
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Listed by: KERRIN PENNINGTON, VISTA COLLECTIVE REAL ESTATE
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 2035868
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by NEFMLS.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 2035868
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