255 VALE Drive
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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.
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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 |
|---|---|---|---|
| Aug 14, 2018 | Sold | ||
| Sold | |||
| Mar 23, 2017 | Listed by WATSON REALTY CORP | $688,000 | |
| Listed by WATSON REALTY CORP | |||
| Apr 19, 2016 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | $780,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | |||
| | |||
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$3,000 Agent Selling Bonus if under contract by 2/1/2017. This custom mediterranean Palencia estate home in ''The Reserve'' is a shining star. The architectural detailing is outstanding. Enter in to soaring coffered ceilings with a wall of windows, stone fireplace, wrought iron and wood railings overlooking a huge screened lanai with pool, spa, and summer kitchen. The kitchen has a large cooking island with elegant cabinets & detailing. The master bath is like your own private palace with double showers, stone floors, spa tub and chandelier. This 4 bdr, 4.5 bath home has a separate office and huge upstairs entertainment room with wet bar leading to a large covered balcony. The 2 car garage has ample storage and there is more storage throughout the house. The wooded view behind the house is gorgeous.The gracious amenities of Palencia are far beyond the ordinary, from championship golf, tennis, swimming and fitness, to sports fields, club facilities and 8 miles of inviting nature trails and boardwalks. Positioned perfectly between St. Augustine and Jax this masterful community is a great place to call home. Plus it has it's own elementary school in the neighborhood!
| |||
| Jun 1, 2006 | Sold | ||
| Sold | |||
| Feb 9, 2006 | Listed by WATSON REALTY CORP | $290,000 | |
| Listed by WATSON REALTY CORP | |||
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017