7000 2ND Street
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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%.
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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 |
|---|---|---|---|
| Jun 30, 2022 | Sold | ||
| Sold | |||
| May 17, 2022 | Listed by WATSON REALTY CORP | $135,000 | |
| Listed by WATSON REALTY CORP | |||
| | |||
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Ditch the HOA and CDD fees - build your own St. Johns County home! The parcel offers 2 lots - (1) 120 x 113 approx & (2) 100 x 120 approx. Enjoy all the benefits of living in St. John's County with out all the FEES! Just off 16A - 4th street parallels so you aren't directly on a busy street. Close to the Shoppes at RiverTown. St. Johns county offers top rated schools, the property is currently zoned for Mill Creek Academy and Tocoi Creek High School. Zoned RS-3, which allows for a single family or a manufactured/modular home. Future Use is Rural Silviculture (contact ST. Johns County for details). The lot has access to electric, gas and fiberoptic. Some clearing has been done but the second lot is still very wooded so don't let your eyes deceive you.
| |||
| Mar 30, 2022 | Listed by COLDWELL BANKER VANGUARD REALTY | $135,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
| Mar 10, 2022 | Sold | ||
| Sold | |||
| Dec 30, 2021 | Listed by COLDWELL BANKER VANGUARD REALTY | $75,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017