650 ORANGE Avenue
About This Property
Large almost new TYM 574 tractor available For Sale as well (used less than 30 hrs). Full closet in upstairs LOFT with lots of storage space.
**Extra Refrigerator in one-car garage (under Apt.) does NOT convey. Washer & Dryer in one-car garage (under Apt.) negotiable.**
***Tenant is currently leasing month-to-month and would like to stay if possible.***
***MORE PHOTOS & VIDEO COMING SOON!***
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Cap Rate Calculator
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 28, 2024 | Sold | ||
| Sold | |||
| Apr 2, 2024 | Listed by HERRON REAL ESTATE LLC | $795,000 | |
| Listed by HERRON REAL ESTATE LLC | |||
| Jun 6, 2022 | Sold | ||
| Sold | |||
| Dec 19, 2021 | Listed by HERRON REAL ESTATE LLC | $699,000 | |
| Listed by HERRON REAL ESTATE LLC | |||
| Jul 20, 2021 | Listed by STA REALTY | $750,000 | |
| Listed by STA REALTY | |||
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This property consists of a main home and a mother-in-law suite. The main home is a 2/2 with the possibility of converting into a 3 bedroom rather easily. The Mother-in-law suite has a 2 car garage downstairs and an efficiency unit above. This property is conveniently located just 20 minutes from historic downtown Saint Augustine and World Golf Village. Only 30 minutes to Florida's gorgeous beaches and less than a 1/2 mile to The St. Johns River, dock, and boat launch. Bring your boat and RV with existing hookup and have fun on your ATV's creating new trails through the property! This could be your hobby farm dream with some areas already fenced for your farm animal of choice or use on of 3 shelters for guest outdoor get togethers. Bring your horses or cattle and enjoy the seclusion.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017