99 COQUINA Avenue
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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 |
|---|---|---|---|
| Jul 5, 2022 | No longer available | - | |
| No longer available | |||
| May 29, 2022 | Price Decreased |
$364,000
↓ $1K
(0.3%) | |
| Price Decreased | |||
| Mar 23, 2022 | Price Increased |
$365,000
↑ $6K
(1.7%) | |
| Price Increased | |||
| Sep 5, 2021 | Listed by Regal St Augustine Properties, LLC | $359,000 | |
| Listed by Regal St Augustine Properties, LLC | |||
| | |||
|
This Is One Of Two Separate,Adjacent,Buildable Lots — Perhaps The Last That Have Bulkheads And Impressive Views On The Tidal Salt-water Quarry Creek,Which Leads To The Icw And Historic St. Augustine Bayfront. In Desirable Davis Shores South,This Land Is In City Limits —with No Impact Fees. City Utilities,Water & Sewer Are Available. Investors Alert— Negotiate A Price For Both Lots,Or Pick One To Build Your Treehouse With Expansive Views Of Marsh,Intracoastal And The Wading Bird Life. Historic Quarry Creek Was A Vital Barge Route From 16th Century Coquina Quarries On Anastasia Island,And The Means For Spaniards To Float The Shell-filled Rock To Town For The Construction Of The Fort,Castillo De San Marcos,Circa 1672-1695.,Today,Quarry Creek Is A Prime Birdwatching Area As Roseate Spoonbills,Herons,Egrets And Others Wade At Lower Tides For Crustaceans And Bait Fish,As Osprey Circle Overhead Looking For Their Next Seafood Feast. Water Birds Ride The Sea Breeze Morning And Evening To And From Their Nests Within The Branches Of The Oaks At The Nearby Alligator Farm. You Will Delight At The Sound Of Bird Wings Overhead,When You Build Your Deck Here—to Watch The Evening Sunset. A Prime Residential Location Near Parks,Lighthouse,Beach,Shopping And Restaurants,The Best Of The Old City And New Beach Development Is Within A Walk Or A Short Bike Ride--here Is The Best Spot To Build Your Dream Castle!
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| Jun 2, 2021 | Sold | ||
| Sold | |||
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About South Davis Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017