8850 OLD A1A #3
About This Property
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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.
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 |
|---|---|---|---|
| May 9, 2018 | Sold | ||
| Sold | |||
| Oct 12, 2017 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $450,500 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
| | |||
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Peaceful surroundings, grand sunsets and tranquility abound in this magnificent oceanfront condo. Located in the private, gated Community of Sea Matanzas in St. Augustine, this 2 bedroom, 2 bathroom condo has ocean views almost from every room. Enjoy long walks or endless days in the sun on the Beach just steps away from your condo.
Renovated, with a brand new A/C this condo has a fabulous open floor plan, exquisite finishes, beautiful rooms filled with natural sunlight and sweeping views of the Matanzas Inlet and Atlantic Ocean. A well thought out living area with low maintenance flooring and an expansive deck leading to the beach, make this condo a perfect place for a family retreat or investment property. Begin your daily meditation or enjoy your morning coffee in your direct, private ocean front deck. End the day entertaining family and friends in your private peace of paradise with enchanting views of the Atlantic Ocean. Stunning vistas start at your kitchen and continue throughout the condo with an abundance of floor to ceiling glass walls and views.
The kitchen is open to the living room and overlooks the deck, perfect for entertaining and cooking outdoors. It has white custom cabinetry and granite counter tops.
The master suite is away from it all on the lower level. For a stylish twist, a glassed-in room adjacent to the master bedroom can be used as a private office, 3rd bedroom or sitting room. It has amazing views and fabulous ocean breezes. This room is non-conforming.
There is plenty of storage in the oversized unit behind the one car covered parking spot. It will accommodate all the bikes, beach toys, fishing poles and more.
Location is everything. This condo is close to restaurants, shopping, golf and historic downtown St. Augustine. A lifestyle of leisure awaits you in this condo where the Beach and Intracoastal are just steps away.
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| Dec 18, 2015 | Sold | ||
| Sold | |||
| Aug 27, 2015 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $425,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/08/2019
|
2 Bed
|
2 Bath
|
1204 ft²
|
$495,000
2 Bed
2 Bath
1204 ft²
|
$482,500
-2.53%
08/19/2019
|
MIKE WILLIAMSON
RE/MAX CONNECTS
| |
|
10/12/2017
|
2 Bed
|
2 Bath
|
1408 ft²
|
$450,500
2 Bed
2 Bath
1408 ft²
|
$450,500
05/04/2018
|
Debbie Da Silva
Berkshire Hathaway Homeservices Florida Network Realty
| |
|
08/27/2015
|
2 Bed
|
2 Bath
|
1408 ft²
|
$425,000
2 Bed
2 Bath
1408 ft²
|
$430,000
+1.18%
12/18/2015
|
Stefanie Bernstein
Berkshire Hathaway Homeservices Florida Network Realty
| |
|
07/14/2009
|
2 Bed
|
2 Bath
|
1150 ft²
|
$299,000
2 Bed
2 Bath
1150 ft²
|
$275,000
-8.03%
08/09/2010
|
CAROL ANN BENJAMIN
LIGHTHOUSE REALTY ASSOCIATES
| |
|
03/25/2009
|
2 Bed
|
2 Bath
|
1203 ft²
|
$374,900
2 Bed
2 Bath
1203 ft²
|
$275,000
-26.65%
05/15/2009
|
CAROL ANN BENJAMIN
LIGHTHOUSE REALTY ASSOCIATES
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017