71 MASTERS Drive
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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.
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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 24, 2024 | Sold | ||
| Sold | |||
| Jan 23, 2024 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | $299,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | |||
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Discover a great opportunity with this prime vacant lot featuring CL-1 zoning, providing a canvas for a diverse range of commercial and residential ventures. Including 71 Masters Drive and 65 Josiah Street and spanning .33 acres, this listing is a blank slate for retail stores, service establishments, a bed and breakfast, professional and business offices, single-family homes, multiple-family housing, and much more. Its strategic location, with proximity to U.S. 1 and downtown, ensures accessibility, making it an ideal investment for entrepreneurs and developers alike. The versatile zoning allows for mixed-use projects, and the potential for creating a unique space tailored to your vision.
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| Oct 13, 2015 | Sold | ||
| Sold | |||
| Oct 19, 2011 | Listed by SUNSHINE REALTY & VACATION RENTALS, LLC | $54,900 | |
| Listed by SUNSHINE REALTY & VACATION RENTALS, LLC | |||
| Mar 10, 2011 | Listed by ALL PRO REALTY SPECIALISTS,INC | $59,900 | |
| Listed by ALL PRO REALTY SPECIALISTS,INC | |||
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3 lots in St. Augustine, cleared with nice hardwoods. Includes 2 lots under this address & PIN plus adjacent lot addressed 65 Josiah Street (PIN 109480-0030). Owner financing may be available.
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About St. Augustine
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$5,500 /mo
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$1,395 /mo
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- 1 Bath
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017