128 CORBATA Lane
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 |
|---|---|---|---|
| Jul 11, 2022 | Sold | ||
| Sold | |||
| May 20, 2022 | Listed by THE NEWCOMER GROUP | $2,650,000 | |
| Listed by THE NEWCOMER GROUP | |||
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Welcome home to 128 Corbata! Perfectly positioned in the highly prestigious and sought after gated community of Palencia, this single story POOL HOME boasts high-end finishes, quality construction, and a custom floor-plan maximizing every square foot to absolute perfection. With 6 bedrooms, 5 bathrooms, a poolside casita (guest house), a generously sized 3 car garage, and just shy of 5,000 SF, there is NOTHING this home is missing. Every single detail was well designed and provokes a Spanish Colonial Style home on almost a half acre lot, backing up to a nature preserve. The open living concept blends the kitchen, living, dining, and outdoor space seamlessly together, and the 20 foot recessed sliding glass doors create the ultimate indoor/outdoor entertaining space. Find your inner chef in the gourmet kitchen, offering Thermador commercial grade appliances, quartz countertops, custom tile backsplash, a pot filler over your gas range stove, and ample storage space. The primary bedroom rightfully has its own wing of the house and is lavish in size with a massive walk-in closet and a dreamy ensuite sure to make your morning routine a daily pleasure. The additional bedrooms are generous in size and the bathrooms have incredible custom tile work. The 'Poolside Casita' offers its own separate living quarters complete with a kitchen, living room, bathroom, and bedroom making it the ideal setup for generational living, a home office, or hosting out of town guests. As much as you will love this home and everything it has to offer, the outdoor space is something you simply cannot recreate. The outdoor living ties perfectly from the house and is fully screened in with a sparkling in-ground pool, outdoor summer kitchen, wood burning fireplace, and limestone pavers throughout. Palencia is conveniently located near historic St. Augustine, the beaches, and zoned for A+ rated schools in St Johns county. Book your private tour today!!
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| Mar 5, 2022 | Listed by WATSON REALTY CORP | $2,250,000 | |
| Listed by WATSON REALTY CORP | |||
| Sep 13, 2019 | Sold | ||
| Sold | |||
| May 8, 2019 | Listed by WATSON REALTY CORP | $1,050,000 | |
| Listed by WATSON REALTY CORP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017