7 CINCINNATI Avenue
About This Property
Inside, original hardwood floors and period details set a warm, welcoming tone. The formal dining room is perfect for hosting, while the downstairs bedroom-with a private bath-offers versatility as a guest room, home office, or cozy retreat.
Upstairs, the primary suite is a light-filled sanctuary featuring a wall of windows and a private balcony-an ideal spot for morning coffee or an evening wind-down. Each bedroom includes its own en suite bath, providing privacy and comfort for both residents and guests. Outside, the lush garden space creates a private, serene escapeperfect for brunch, reading in the shade, or evening dinners surrounded by greenery.
But what truly sets this home apart is its unbeatable location and flexibility. Just steps from some of St. Augustine's best restaurants, local coffee shops, art galleries, and chic boutiques, you're also only minutes from the beachmaking it equally ideal as a primary residence, weekend getaway, or income-producing vacation rental.
Lovingly maintained and move-in ready, this is your chance to own a piece of St. Augustine's rich historywhile enjoying the lifestyle, walkability, and charm that make this city so special.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017