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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 |
|---|---|---|---|
| Jun 24, 2026 | Listed by LGI REALTY- FLORIDA, LLC | $375,900 | |
| Listed by LGI REALTY- FLORIDA, LLC | |||
| Apr 23, 2026 | Listed by REAL BROKER, LLC | $375,900 | |
| Listed by REAL BROKER, LLC | |||
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Situated on a beautiful corner lot in the heart of Palm Coast, FL, the Caprice by LGI Homes makes a striking first impression. This premium homesite offers rare privacy with a canal and green space behind the property, giving you outstanding separation from rear neighbors and a peaceful natural backdrop. Centrally located and close to shopping and dining, this home also sits within a short distance of both the local elementary and middle school, making everyday convenience a built-in feature of your lifestyle. And when you’re ready for coastal fun, it’s just an easy 9-mile drive to beautiful Flagler Beach, where you can enjoy sunny beach days, waterfront dining, and relaxing evening walks along the shore. Inside, the expansive floor plan offers 5 bedrooms and 3 bathrooms, providing generous space for family, guests, work, or hobbies. The open kitchen—with its inviting island—serves as the heart of the home, flowing into the dining area to create a warm, intimate setting for meals and gatherings. The primary suite delivers a touch of luxury with a spacious walk-in closet and an en-suite bathroom featuring a dual-sink vanity. Step outside to the large covered back patio, perfect for savoring the Florida breeze or hosting outdoor get-togethers. A 2-car garage adds convenience and ample storage for vehicles and personal belongings. With its thoughtful layout, modern finishes, and unbeatable location, the Caprice is ready to become your forever home. Come see this beautiful home today and experience the lifestyle it offers. Special incentives available to those who qualify when working with the preferred lender!
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| Aug 3, 2023 | Sold | ||
| Sold | |||
| May 3, 2022 | Listed by AMARAL & ASSOC. REALTY, INC. | $69,900 | |
| Listed by AMARAL & ASSOC. REALTY, INC. | |||
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Great corner lot lot located in Belle Terre section of Palm Coast, Florida. Close to schools, parks, and nearby walking trails. 30-minute drive to St. Augustine or Daytona Beach and a short drive to Flagler Beach
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| Mar 27, 2002 | Sold | ||
| Sold | |||
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About Pine Grove - Belle Terre
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