612 W 16TH 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 |
|---|---|---|---|
| Dec 7, 2020 | Sold | ||
| Sold | |||
| Oct 26, 2020 | Listed by eXp REALTY LLC | $309,000 | |
| Listed by eXp REALTY LLC | |||
| | |||
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$47,000 UNDER APPRAISED VALUE!!BRAND NEW Home on a large 60x103 foot lot in the beautiful town of St Augustine just blocks from the beach! Don't miss out on this 3BD/2BA, 1 car garage cottage home, granite countertops, wood soft close cabinets, tile baths, faux wood tile flooring, & full stainless appliance package with a large patio. Very generous 1,100 heated/cooled square footage and a split floorplan. Entire home is wrapped in Hardy board with full sodded yard. County tax rate not city!! On county sewer and water, and just minutes to downtown, restaurants and beaches you will not find a better house for a better deal. Don't waste money on rent or a fixer upper, your brand new home is right here! Floor plan shows screened patio, this is porch only.
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| Apr 8, 2020 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | $309,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017