1007 ISLAND Way
About This Property
Start at the heart of the home on the first floor in a masterfully designed epicurean chef's kitchen opening to the dining, living room, and private heated pool, with a stunning waterfall island, high gloss cabinetry, a Sub Zero refrigerator, fan favorite Bosch dishwasher, gas range, wine cooler, and GE cafe wall oven. Down the hall, you'll find the laundry room, an office, a poolside gym, the primary bedroom, and spalike primary bath, with custom closets. Just built in 2017, this home offers all the features sought after by today's discerning buyers, affording the ultimate privacy & tranquility - Filled with architectural delights, walls of windows, and abundant natural light. Outside, you have lots of covered seating for dining al fresco and a supremely private pool, complete with fire pit, privacy landscaping, and an impressive summer kitchen providing the ultimate antidote to Monday through Friday. Built to the absolute highest standards in design and construction, and perfectly situated on one of the largest and HIGHEST lots in Anastasia Dunes. Perched on the 8 mile long Anastasia Island, where the breathtaking blue of the Atlantic Ocean will remind you that life's too short for anything less, come home to paradise. There's a magic unique to Anastasia Dunes, where the splendor of nature blends with a lifestyle of casual sophistication; designed to be packed with trees, not people. Low density planning and native landscaping give this single-family neighborhood the feeling of a nature preserve on the island. All information pertaining to the property is deemed reliable, but not guaranteed. Information to be verified by the Buyer.
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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 |
|---|---|---|---|
| Nov 28, 2022 | Sold | ||
| Sold | |||
| Oct 5, 2022 | Listed by DJ & LINDSEY REAL ESTATE | $2,395,000 | |
| Listed by DJ & LINDSEY REAL ESTATE | |||
| Jan 29, 2019 | Sold | ||
| Sold | |||
| Feb 26, 2018 | Listed by DJ & LINDSEY REAL ESTATE | $1,075,000 | |
| Listed by DJ & LINDSEY REAL ESTATE | |||
| Apr 9, 2015 | Sold | ||
| Sold | |||
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About St. Augustine Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017