117 SEYCHELLES Court
About This Property
The house is 2 floors concrete block, the third story is the Master suite & office or 4th bedroom. This home was meant for entertaining, relaxing & simply to enjoy the beach life! The house is inexpensive in consideration of modern updates that are popular today. There are 2 vacant lots to the east and adjacent. It could be many years before they are built upon. However, this home will always have a spectacular view from both porches. There is no better home at this price point with in this distance to the best beach, Crescent beach with such a great view. The neighborhood is private, they do not allow for seasonal rentals, they like it that way. I am an Air B and B fan, but for the neighbors in this heavily rented areas, it can create a multitude of issues at times. It is so quiet except for the ocean waves and the owners are very welcoming. This home is loved by the current owners, however, they are retiring to the mountains. It is a wonderful happy home waiting for some one who will love and enjoy it as these original owners have for 20 years since the day it was completed. I invite you to come and see it soon.
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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.
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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 20, 2019 | Sold | ||
| Sold | |||
| Apr 13, 2019 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $675,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
| Oct 20, 2018 | No longer available | - | |
| No longer available | |||
| Oct 18, 2018 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $695,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
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4/2.5 3 story CB beach home within 150' from beach access. The home is built high upon a dune. It is a well constructed 20 year young beach house seeking a buyer to love it. House is being sold as is. Seychelles is a small gated ocean front enclave with dune walk over and oceanfront pool with access to the best beach in St Augustine at Crescent Beach. A place to relax and enjoy all that a beach life has to offer. The California style closets and the cabinetry through out the house are custom built. The 20.8'X20.3' master suite has a 30'X9.5' dressing room with large closets, the makeup area has a direct ocean view and your shoes will have their very own space! There is a "dumb waiter" to carry your parcels from level 1 to Levels 2 and 3. Make an appointment to view this wonderful home and make your plan to design the interiors just the way you wish them to be. House measurements should be verified prior to making an offer. Home comes with a 2-10 Home Buyers Warranty.
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| Oct 15, 2018 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017