9133 MELLON Court
About This Property
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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 |
|---|---|---|---|
| Jun 12, 2020 | Sold | ||
| Sold | |||
| Dec 4, 2018 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $299,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
| Jun 1, 2018 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $315,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
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Imagine yourself escaping to the beach in the early 1900's to a place called Summer Haven, which was only accessible then by boat. Located 18 miles south of St. Augustine, this area was once known as the finest fishing and oystering grounds on the east coast. With only a handful of original structures existing from the Mellon era, this charming cottage has almost a century of stories to tell. This quintessential Florida Cracker Beach Cottage has been lovingly restored and each generation has left a footprint on this home. Just steps to some of the most beautiful beaches in NE Florida, this location has won the hearts of most everyone having traveled to and visited the area. The welcoming porch offers a great place to enjoy a book and feel the salty, warm ocean breezes. Offered furnished and pretty much turn-key, you'll find most every creature comfort needed to continue enjoying this darling get-a-way. Over the years, the outdoor living space has evolved to include a large screened porch, complete with a large laundry closet and extra storage for bikes and beach going necessities. Equipped with an outdoor shower, you'll easily be able to wash away the salt and sand. Enjoy barbequing and entertaining from the freshly painted deck, leading to a fenced area for the kiddos or pups to play. This sweet little nest is a great opportunity to capture history and to create your own. A popular spot for vacationers, this would make a great investment property or second home. Home suffered no water intrusion from either storm and is at 10.7' elevation. Located in AE/VE flood zone
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| Jul 3, 2014 | Sold | ||
| Sold | |||
| Mar 15, 2014 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $255,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
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A 1924 cottage. Simply adorable with beachy interior touches. Features: heart of pine floors, swing on screen enclosed front porch, spa on 600+ square foot rear screened porch and with in .10 mile of the popular surfers beach! You are taken back in time when you enter this charming cottage by the sea
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017