1505 AUSTIN Lane
About This Property
Enjoy serene views of the 12th green at South Hampton Golf Club from the fully fenced backyard. Inside, a large living room & dining room combo & an eat-in kitchen with breakfast bar open to a spacious family room. The screened lanai at the back of the home is perfect for relaxing evenings with amazing sunsets. South Hampton offers a wealth of amenities, including a golf club, pools, pickleball & tennis courts, basketball courts, soccer & lacrosse fields, walking trails & RV/boat storage. Located a short drive from the beach, town center mall, shopping, restaurants & top-rated schools.
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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 12, 2024 | Sold | ||
| Sold | |||
| May 23, 2024 | In contract | - | |
| In contract | |||
| May 22, 2024 | Listed by WATSON REALTY CORP | $420,000 | |
| Listed by WATSON REALTY CORP | |||
| Oct 13, 2023 | Listed by ENGEL & VOLKERS FIRST COAST | $439,900 | |
| Listed by ENGEL & VOLKERS FIRST COAST | |||
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Welcome home to this beautiful single story 3br/2ba, with a screened in lanai and views of the 12th green. Located on a quiet street in the highly desirable community of South Hampton. South Hampton has low HOA fees, no CDD and awesome amenities, including adult and children's pools, walking trails, tennis, a soccer field, and basketball courts. The house has a newer roof and HVAC which were installed about 4 years ago and a 2 year old water heater. The house is only 30 minutes from the beach and a short drive from excellent grocery stores, shopping, and restaurants.
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| Jun 22, 2021 | Sold | ||
| Sold | |||
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017