47
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94 PARK Place
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%.
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 |
|---|---|---|---|
| Sep 11, 2026 | Listed by STA REALTY | $498,500 | |
| Listed by STA REALTY | |||
| Jun 18, 2026 | Price Decreased |
$506,000
↓ $19K
(3.6%) | |
| Price Decreased | |||
| Jun 4, 2026 | Price Decreased |
$525,000
↓ $40K
(7%) | |
| Price Decreased | |||
| May 29, 2026 | In contract | - | |
| In contract | |||
| May 25, 2026 | Listed by STA REALTY | $564,500 | |
| Listed by STA REALTY | |||
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Live Like a Local in Lincolnville! Experience the charm of historic St. Augustine with the comfort and confidence of modern construction. Unlike many historic homes in Lincolnville, this charming cottage was completely rebuilt in 2020, offering the character buyers love with updated systems and construction standards that provide peace of mind. Just a short walk from some of St. Augustine's most popular restaurants, shops, museums, festivals, waterfront attractions and historic landmarks, this location delivers the best of downtown living. Both St. Augustine Beach and Vilano Beach are less than 15 minutes away. Featured by the popular Instagram account Pretty Old Places, this thoughtfully reimagined cottage blends historic character with modern functionality. While only a few architectural details remain from the original circa-1900 shotgun home, virtually everything was rebuilt to meet 2020 Florida building standards, including electrical, plumbing, HVAC, framing, flooring, walls, ceilings and windows. The metal roof was replaced in 2015. Inside, 9.5-foot ceilings, abundant natural light, solid wood finishes, Pella insulated windows and beautiful yellow pine 7" plank floors create a warm and inviting atmosphere. The redesigned floor plan maximizes every square foot, offering an open-concept living area, a beautifully appointed kitchen and seamless indoor-outdoor living. French doors open to a private side deck designed for relaxing and entertaining, while the spacious backyard offers room for a pool, hot tub or future expansion. Situated on what was once a double lot, the property provides something rarely found in Lincolnville...ample outdoor space, privacy and off-street parking for up to three vehicles. There is even room to add a garage with living space above, creating additional value and flexibility. Protected by a termite bond and warranty covering both subterranean and drywood termites, this meticulously maintained property offers a rare opportunity to enjoy historic district living without sacrificing modern comfort. If you dream of friendly neighbors, walkable streets and the sound of church bells on a Sunday morning, The Mermaid's Tale may be exactly what you've been searching for!
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About Lincolnville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017