707 HIGHWAY 17
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 4, 2023 | No longer available | - | |
| No longer available | |||
| Jun 1, 2023 | Sold | ||
| Sold | |||
| May 26, 2023 | Listed by Coldwell Banker Schmidt Family Of Companies | $439,000 | |
| Listed by Coldwell Banker Schmidt Family Of Companies | |||
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What could be more wonderful than having your own piece of paradise on the water? Not much! Here is your chance to realize that dream. Welcome home to your 3 bedroom 2 ½ bath abode with 225 feet of navigable canal waterfront and over .75 of an acre. Located just a short drive from St Augustine and sitting high and dry the home was cleverly designed with the master bedroom and guest room on one end of the home and an adorable 1 bedroom 1 bath apartment on the other. In between is the main living area comprised of an open living/dining/kitchen concept. The apartment perfect for in-laws, vacationers or those boomerang kids has its own living/dining area and a full kitchen. Hidden from the main road behind a lovely berm of trees and spanning 3 large lots including a dock with boat house and boatlift. The abundance of azalea bushes and several outbuildings are sure to please. Truly the picture that comes to mind when envisioning an 'old' Florida landscape. Meticulously maintained and ready for a new family to love and enjoy. The manager has listed the unit size as 1962 square feet.
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| Mar 29, 2023 | Listed by COLDWELL BANKER PREMIER PROPERTIES | $439,000 | |
| Listed by COLDWELL BANKER PREMIER PROPERTIES | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017