3 PELICAN Lane
About This Property
Excellent location in sought-after Flagler Beach, a short drive from restaurants, markets, shops, world-class golf courses, the city of Palm Coast, and easy access to I-95. About 30 mi. from historic St. Augustine and 25 mi. from Daytona Beach.
1-Year Home Warranty included. Don't delay - this must-see, move-in-ready dream home won't last long! Sellers must relocate out of state.
No water intrusion and no storm damage from Hurricane Matthew.
Measurements are estimated - Buyer to verify.
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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 |
|---|---|---|---|
| Sep 22, 2017 | Sold | ||
| Sold | |||
| Jul 2, 2017 | Listed | $399,999 | |
| Listed | |||
| | |||
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The Beach House You Have Been Waiting For! This Delightful Home Feels Brand New With A Long List Of Renovations - All Completed In The Past Year With No Expense Spared. Best Of All,Enjoy Deeded Access To Both The Beach And Intracoastal - Just Steps Outside The Front Door - Offering An Outdoor Lifestyle For Beach-goers And Fishermen Alike. New Throughout The Home: Wood-like Plank Tile Floors,Impact-resistant Windows,And Blinds.,Stunning New Kitchen With White Cabinets,Granite Counters,Large Island,Built-in Pantry,And Stainless Steel Appliances. Both Bathrooms Have Been Beautifully Redesigned With New Vanities,Granite Counters And Tile Showers. Other Details Include Recessed Lighting,Tasteful Light Fixtures,And Ceiling Fans. The Bright,Open And Beach-y Ambiance Will Have You Unwinding In No Time. The Home Boasts Fresh Interior And Exterior Paint,New Soffits,Gutters,And Water Heater. New Wood Privacy Panels Added To The Side Patio To Enhance The Outdoor Living Area. The Roof Is 7 Years Young - Recently Certified With Wind Mitigation Report Available. Sewer Was Recently Installed On Street,And Street Will Be Paved In The Near Future. Excellent Location In Sought-after Flagler Beach,A Short Drive From Restaurants,Markets,Shops,World-class Golf Courses,The City Of Palm Coast,And Easy Access To I-95. About 30 Mi. From Historic St. Augustine And 25 Mi. From Daytona Beach. 1-year Home Warranty Included. Don’t Delay - This Must-see,Move-in-ready Dream Home Won’t Last Long! Measurements Are Approximate - Buyer To Verify.The manager has listed the unit size as 2005 square feet.
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| Jun 5, 2017 | Listed by REMAX LEADING EDGE | $399,999 | |
| Listed by REMAX LEADING EDGE | |||
| Apr 22, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017