71 KINGS FERRY Way
About This Property
The cottage offers 2 bedrooms, 1 bath, and accommodates up to 6 guests comfortably, making it perfect for families or as a multi-generational getaway. A versatile bonus Florida room, currently used as an additional bedroom, offers exciting potential to be transformed into a luxurious master bath suite. A charming breakfast nook framed by elegant French doors offers the perfect spot for morning coffee. Every detail reflects intentional design and careful curation. Local artist paintings grace the walls throughout, while West Elm furnishings meet thoughtfully selected vintage pieces.
Two distinct entertainment areas invite you to embrace Florida living: a front porch with distinct tiled flooring - perfect for swinging in the shade while watching horse-drawn carriages trek to town and back to the stables - and a modern stone backyard complete with smokeless firepit and private outdoor shower.
This is a neighborhood that embraces both owners and guests - you'll feel like a local from day one. Lincolnville is St. Augustine's most coveted neighborhood, a 45-block historic district (National Register of Historic Places) known for its eclectic mix of homes, breweries, farm-to-table restaurants, and walkable lifestyle. Minutes to Dog Rose Brewery, The Distillery, Ice Plant, and downtown's renowned dining scene.
This property has also proven to be a successful short-term rental for those seeking investment potential, but above all, it's a home that invites you to fall in love with St. Augustine.
Also, city of St. Aug has approved a cut out for off street parking for the property if wanting to utilize additional off street parking.
Payment Calculator
Your Estimated Monthly Payment
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
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Lincolnville
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,995 /mo
- 4 Beds
- 3 Baths
- 2,142 ft²
$1,395 /mo
- 1 Bed
- 1 Bath
- 850 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017