856 BROACH Street
About This Property
This 2023 home was constructed with optimum efficiency and contemporary style. Features and finishes include vaulted ceilings, large windows for abundant natural light, spacious common areas and bedrooms, and modern flair in every design. The open-concept Kitchen boasts top-rated appliances, stunning Quartzite counters, and plentiful storage space in the cabinets and pantry. The Bathrooms offer a luxurious retreat with marble designer tile and comfortable space for all. Extend your gathering space to the backyard that is fully fenced and features a paver patio and walkway. Zoning at this property allows for short-term rentals (only 1 night minimum), so this could be your opportunity to invest in this popular tourist & vacation destination!
Located just 1.5 miles to historic downtown St. Augustine, you are close to the restaurants, shops, nightlife and events around town, but will enjoy a quieter street in this established neighborhood. This is a quick drive to Route 1 or I-95 for your daily commute, and under 20 minutes to the beach! Don't miss out on this brand-new home in the Nation's Oldest City!
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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
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 23, 2023 | Sold | ||
| Sold | |||
| Apr 17, 2023 | Listed by VISTA COLLECTIVE REAL ESTATE | $379,000 | |
| Listed by VISTA COLLECTIVE REAL ESTATE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017