6251 CEDAR Lane
About This Property
Charming Home on a Corner Lot in beautiful St. Augustine. This 2-bedroom, 2- Full bathroom residence is situated on a desirable corner lot, offering ample privacy and space. Recently updated with Newer metal Roof, Flooring, Kitchen, Bathrooms, Lighting, AC, Water Heater and much more.
Featuring an open-concept living area that seamlessly flows into the kitchen and dining spaces. The kitchen boasts ample cabinetry, and a convenient breakfast bar. Each bedroom offers generous closet space and plenty of natural light.
Outside, the corner lot provides a spacious yard with a huge Shed, perfect for outdoor activities, or simply relaxing in the Florida sunshine. The location is unbeatable, with easy access to local amenities, beaches, schools, shopping, and the historic charm of downtown St. Augustine.
Don't miss this opportunity to own a home in St. Augustine at this price. Did I mention NO HOA OR CDD FEES! Complete with a fire pit and huge shed - you won't find this kind of outdoor space with new construction!! Easy access to 95, 5 minutes from Publix, 10 minutes to Bucees and Costco, and only 12 minutes to beach access!!! This home truly has it all with no HOA or CDD fees. Whether you're looking to downsize, add to your portfolio, or get into the #1 rated school district, this is the home for you!
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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 |
|---|---|---|---|
| Aug 14, 2024 | Sold | ||
| Sold | |||
| Aug 2, 2024 | In contract | - | |
| In contract | |||
| Jul 15, 2024 | Price Decreased |
$249,000
↓ $10K
(3.9%) | |
| Price Decreased | |||
| Jul 3, 2024 | Price Decreased |
$259,000
↓ $11K
(4%) | |
| Price Decreased | |||
| Jun 13, 2024 | Listed by FLORIDA HOMES REALTY & MTG LLC | $269,900 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017