71 MARINE STREET
About This Property
The elegant dining room features antique shutters made of wormy chestnut and a limestone fireplace surround imported from England. An antique oxen yoke chandelier, recessed lighting and the 8-inch oak baseboard trim add ambiance. The kitchen, a chef's dream, boasts custom cabinets and an island crafted by a local wood craftsman, leathered granite countertops, and Heartland premium appliances. The adjoining laundry room offers top-of-the-line LG washer and dryer. Garage houses Generac generator control panel. The primary bedroom offers three sets of French doors to a covered veranda with limestone floor overlooking the bay. The ensuite bath features marble flooring, two porcelain console sinks, and a porcelain soaking tub, creating a spa-like oasis. Ensuite bedrooms offer comfort and privacy for guests, each with upscale finishes, fireplaces and modern amenities. The third-floor features a private roof top terrace with incredible views of the Bay.
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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 |
|---|---|---|---|
| Apr 11, 2025 | Sold | ||
| Sold | |||
| Mar 17, 2025 | In contract | - | |
| In contract | |||
| Feb 15, 2025 | Price Decreased |
$2,499,000
↓ $100K
(3.9%) | |
| Price Decreased | |||
| Sep 1, 2024 | Price Decreased |
$2,599,000
↓ $200K
(7.2%) | |
| Price Decreased | |||
| May 6, 2024 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | $2,799,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | |||
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This home in Historic St. Augustine Florida, is a captivating address nestled in the city's historic district. Rich history and cultural heritage, this charming property embodies the timeless allure of America's oldest city, founded in 1565.
Upon entering, you are welcomed into a world of elegance. The interior spaces are meticulously appointed with luxurious finishes and thoughtful details, creating an inviting ambiance throughout.
The foyer sets the tone for the rest of the home, featuring a grand entry door that dates back 300 years from France. Crafted from Wormy Chestnut wood and adorned with original hardware and decorative wrought iron gridwork, a true masterpiece of craftsmanship. Flagstone flooring, coquina walls, and antique beamed ceiling further enhance the historic charm. The main hall features a classic half bath with High-Tank Toilet and Copper sink mounted to a custom reproduction furniture vanity. The living room, a cozy retreat, complete with an oversized gas fireplace with a surround imported from Manchester, England and reclaimed yellow pine flooring. French doors lead to an outdoor courtyard with breathtaking views of the bay, blurring the lines between indoor and outdoor living.
The elegant dining room features antique shutters made of wormy chestnut and a limestone fireplace surround imported from England. An antique oxen yoke chandelier, recessed lighting and the 8-inch oak baseboard trim add ambiance. The kitchen, a chef's dream, boasts custom cabinets and an island crafted by a local wood craftsman, leathered granite countertops, and Heartland premium appliances. The adjoining laundry room offers top-of-the-line LG washer and dryer. Garage houses Generac generator control panel.
The primary bedroom offers three sets of French doors to a covered veranda with limestone floor overlooking the bay. The ensuite bath features marble flooring, two porcelain console sinks, and a porcelain soaking tub, creating a spa-like oasis.
Ensuite bedrooms offer comfort and privacy for guests, each with upscale finishes, fireplaces and modern amenities. The third-floor features a private roof top terrace with incredible views of the Bay.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017