65 1/2 SARAGOSSA STREET Street
About This Property
Own a little piece of History in Downtown St Augustine, 3 blocks from St George Street!
Property is located IN DOWNTOWN.
This adorable little cottage home features 2 bedrooms and 2 bath with an open floor plan with a sunroom, living area and dining room! And ON SITE PARKING! Something that isn't easy to find in downtown! This home has parking on the side of the home offering enough space for two cars!
New Roof 2023, New Pavers 2024, HVAC 2016, New Interior & Exterior Paint
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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 |
|---|---|---|---|
| Apr 4, 2024 | Sold | ||
| Sold | |||
| Feb 9, 2024 | Listed by MOMENTUM REALTY | $500,000 | |
| Listed by MOMENTUM REALTY | |||
| Sep 9, 2023 | Listed by MOMENTUM REALTY | $499,990 | |
| Listed by MOMENTUM REALTY | |||
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| Jun 22, 2023 | Listed by MOMENTUM REALTY | $550,000 | |
| Listed by MOMENTUM REALTY | |||
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INVESTOR OPPORTUNITY! 65 1/2 Saragossa Street is located in the heart of downtown! 4 blocks from St George Street. This 2 bedroom 2 bath property has a formal dining area and living space. Open kitchen, laundry room, front porch and back porch. Home has a spacious backyard; one of the only properties left downtown that has one. Home was recently tented in Mid-June. PROPERTY IS BEING SOLD AS IS.
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About Flagler's Model Land
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017