650 MADEORE Street
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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%.
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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 3, 2023 | No longer available | - | |
| No longer available | |||
| Jul 31, 2023 | Sold | ||
| Sold | |||
| Jul 8, 2023 | In contract | - | |
| In contract | |||
| May 26, 2023 | Listed by Coldwell Banker Schmidt Family Of Companies | $324,000 | |
| Listed by Coldwell Banker Schmidt Family Of Companies | |||
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New Construction with no HOA or CDD fees! Located just minutes from Historic Downtown St. Augustine, Flagler College, fabulous restaurants, shopping and the beaches. This well appointed home has three bedrooms, two and a half baths with an attached garage. The exterior has a Coastal feel with Hardie plank siding and a metal roof. The interior finishes include; luxury vinyl plank flooring, white cabinetry and granite countertops in the kitchen and baths. You'll love the stainless steel appliances that include a refrigerator, range, dishwasher & microwave. Builders Home Warranty included. Closing cost assistance of $7000 if preferred lender is used. This amount can be applied to either closing costs or a rate buy-down. This is a great property for an investment or full time living! Pictures are of a completed model. Est. completion date 7/15/2023 The manager has listed the unit size as 1372 square feet.
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| May 12, 2023 | Listed by COLDWELL BANKER PREMIER PROPERTIES | $324,000 | |
| Listed by COLDWELL BANKER PREMIER PROPERTIES | |||
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About St. Johns
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Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1227275
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