205 SPANISH MARSH Drive
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%.
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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 |
|---|---|---|---|
| Jun 19, 2020 | Sold | ||
| Sold | |||
| Mar 24, 2020 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $539,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
| May 13, 2017 | Listed by BLACKSTONE REAL ESTATE | $509,000 | |
| Listed by BLACKSTONE REAL ESTATE | |||
| | |||
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$20,000.00 PRICE REDUCTION!! The most community centered area within Palencia! The park adjacent to the end of the home's cul-de-sac location is ground central for the regular daily activities enjoyed by many of the residents on this incredible street.
The 2013 constructed 5 bedroom, 4 1/2 bath home is better than new with many post construction upgrades throughout. The home features a massive open living space, private first floor office, 2 master suites, one on the main level and one on the 2nd floor, with an additional mini master suite also on the 2nd floor. There is plenty of room to entertain with an open floor plan that extends out to a screened porch with gas BBQ. Enjoy the very private paved patio and built in fire pit for outdoor entertaining. The upstairs gives you room to spread out, with built in desks, large family room with cork flooring that opens to another screened porch with views of the pond and golf course and features four bedrooms and three full bathrooms.
This beautiful home is located within Palencia, which is zoned for the top rated St. John's County Schools. The community features resort style community swimming pools, fitness center and spa services. The monthly association fee includes basic cable and internet services.
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| Dec 1, 2016 | Sold | ||
| Sold | |||
| Oct 20, 2016 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $485,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017