221 MARQUESA Circle
About This Property
Experience elevated Florida living in this impeccably crafted 2022 residence, where modern elegance meets everyday comfort. Offering over 2,700 square feet of beautifully designed space, this home delivers a seamless balance of sophistication and functionality. From the moment you enter, you're welcomed by an airy open-concept design, abundant natural light, and contemporary finishes that create a polished yet inviting ambiance. The chef-inspired kitchen anchors the living space, flowing effortlessly into expansiv gathering areas ideal for both intimate evenings and stylish entertaining. A rare highlight of this property is its private backyard with no rear neighbors, offering an enhanced sense of openness and tranquility. The rear outlook reflects a thoughtfully planned area within the community's long-term vision designed to introduce future lifestyle conveniences such as dining, boutique retail, and professional services, creating the potential for walkable luxury living.
This home is Marquesa Circle's most compelling value opportunities.
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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 |
|---|---|---|---|
| May 25, 2026 | Price Decreased |
$699,900
↓ $25K
(3.5%) | |
| Price Decreased | |||
| May 8, 2026 | Price Decreased |
$725,000
↓ $20K
(2.7%) | |
| Price Decreased | |||
| May 1, 2026 | Price Decreased |
$744,900
↓ $5K
(0.7%) | |
| Price Decreased | |||
| Apr 10, 2026 | Listed by COLDWELL BANKER VANGUARD REALTY | $749,900 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
| May 5, 2022 | 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