622 CATHEDRAL Place
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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 |
|---|---|---|---|
| May 7, 2024 | Sold | ||
| Sold | |||
| Apr 11, 2024 | Listed by ONE SOTHEBY'S INTERNATIONAL REALTY | $249,000 | |
| Listed by ONE SOTHEBY'S INTERNATIONAL REALTY | |||
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Nestled in the heart of Saint Augustine's vibrant West King District, 622 Cathedral Place is undoubtedly the best deal in town.
This cozy cottage, just over a mile from historic downtown, offers a tranquil retreat within reach of the area's hip and burgeoning scene.
Step inside to discover a simple yet inviting space perfect for relaxation and social gatherings. Outside, a private yard provides a serene escape for gardening or basking in the Florida sunshine. With no HOA, you have plenty of flexibility to expand your outdoor living space as you please.
Just a short walk or bike ride will take you into the center of the booming West King District with boutiques, cafes, restaurants, yoga, neighborhood pubs and a local brewery. Within 15 minutes, you can easily access historic downtown St Augustine, the beaches, US-1 shopping and the I-95 ramp.
622 Cathedral Place offers the perfect opportunity to enjoy the charm of coastal living at an affordable price. Nothing compares.
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| May 4, 2022 | Sold | ||
| Sold | |||
| Mar 1, 2022 | Listed by NON MLS | $200,777 | |
| Listed by NON MLS | |||
| Jul 25, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017