6580 US-1
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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 |
|---|---|---|---|
| Jul 16, 2021 | Sold | ||
| Sold | |||
| Aug 29, 2020 | Listed by PROPERTY MASTERS REALTY GROUP | $539,000 | |
| Listed by PROPERTY MASTERS REALTY GROUP | |||
| Aug 10, 2020 | Sold | ||
| Sold | |||
| Mar 21, 2017 | Listed by PROPERTY MASTERS REALTY GROUP | $795,000 | |
| Listed by PROPERTY MASTERS REALTY GROUP | |||
| Jun 3, 2016 | Listed by MORRIS WILLIAMS REALTY | $1,250,000 | |
| Listed by MORRIS WILLIAMS REALTY | |||
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The subject property includes four tax parcels (074981-0000, 074980-0020, 074980-0035, 074980-000) and has a gross land area of 2.36 acres. According to the Florida Fish & Wildlife wetland maps, there do not appear to be any wetlands on the property. The site has 150 feet of frontage along Ronald Road on its southern boundary and 612 feet of frontage along US Highway 1 on its western boundary. The parcel is divided by a drainage ditch in a north, south direction. Based on the allowed site plan in the zoning ordinance, the drainage ditch can be rerouted to facilitate development. The property is zoned CG (Commercial General) which permits retail and office development and other neighborhood and general business uses. Concurrency has been completed. Water and Sewers are at the property line
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017