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9 ALTHEA Street
About This Property
Step outside to an expansive two-story screened porch overlooking the marsh, creating the perfect setting for morning coffee, evening sunsets, and entertaining family and friends. The spacious backyard offers endless possibilities, including plenty of room for a pool and your own private outdoor retreat.
Inside, you'll find a flexible floor plan designed to fit a variety of needs. The first floor features a guest bedroom and a bonus room that can serve as a home office, media room, playroom, or easily be converted into a fifth bedroom. Upstairs, the primary suite opens directly onto a private second-story deck where you can enjoy breathtaking marsh views and coastal breezes. Two additional bedrooms complete the upper level.
Additional highlights include a durable metal roof that is only four years old, generous living spaces, and an unbeatable location close to shopping, dining, historic attractions, and the beach. Whether you're looking for a primary residence or a coastal getaway, 9 Althea Street offers the best of St. Augustine living.
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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%.
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 |
|---|---|---|---|
| Aug 24, 2026 | Price Decreased |
$575,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Jul 20, 2026 | Price Decreased |
$585,000
↓ $14K
(2.3%) | |
| Price Decreased | |||
| Jun 23, 2026 | Listed by MAXREV, LLC | $599,000 | |
| Listed by MAXREV, LLC | |||
| Jan 31, 2023 | Sold | ||
| Sold | |||
| Jun 25, 2022 | Listed by MAXREV, LLC | $575,000 | |
| Listed by MAXREV, LLC | |||
Property Highlights
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About St. Augustine
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017