311 SOPHIA Terrace
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.
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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.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 31, 2023 | Sold | ||
| Sold | |||
| May 13, 2022 | Listed by WATSON REALTY CORP | $1,025,000 | |
| Listed by WATSON REALTY CORP | |||
| Nov 10, 2014 | Sold | ||
| Sold | |||
| Feb 23, 2014 | Listed by WATSON REALTY CORP | $610,000 | |
| Listed by WATSON REALTY CORP | |||
| Jun 2, 2013 | Listed by WATSON REALTY CORP | $619,000 | |
| Listed by WATSON REALTY CORP | |||
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WOW – we have an 11 on a scale of 10 ready to show. Custom John Kenny 6 BR/4.5BA/3CG w/ Pool. TWO MASTER SUITES ON GROUND LEVEL. Got Mother-in-law? French Door accesses private pavered patio. HUGE Lanai w/ paver deck surrounding your Screened Tropical Pool and Jacuzzi with Very Private Preserve Views. GREAT FOR ENTERTAINING. Wide Planked hardwood floors throughout first floor and stairs-Bedrooms Carpet. OPEN,BRIGHT & LIGHT. Kitchen boasts Granite counters, 42” Maple Cabs, center Prep Island, SS appliances, Gas Cook Top & Walk-in Pantry. Formal Dining Room will create a Showcase Dining Experience for Family and Friends. Master Suite has Plantation Shutters, Trey Ceilings, Sitting Area & Dual walk in closets. Master Bath has Granite Counters, Dual Vanities, Separate Tub, Shower and WC. Palencia is a master planned community that was designed to be a replica of the city of Saint Augustine. In addition to traditional neighborhoods behind controlled access gates, there is a village area with shops, professional services and dining. Palencia offers an intra coastal boardwalk, 13 parks, 20 miles of bike/hike paths, resort style amenities, cafes, boutiques, golf, tennis, saunas, steam rooms, yoga, aerobics, wine club, bridge club, special events, slide pool, splash pool, lifeguards, snack bar, & more! This community is built around the finest golf course in North Florida. Meticulously maintained, Palencia’s golf course offers many breath-taking views along the marsh, wetlands, preserves and the Tolomato River. Come for a visit today and check it out. You will be impressed!
History
The Palencia Club
Opened in May 2002, The Palencia Club is the most exciting private club developed in the area offering wonderful social, dining and golf experiences. Members enjoy many social activities from the casual bridge clubs to the formal New Years Eve Dinner and Dance. Club opportunities are enhanced by the members-only Wine Club, Broadway Music Dinners and live music on Fridays and Saturdays at the Café on the Green. Both the novice and frequent golfer will enjoy the private golf course that journeys out to savannahs and overlooks the Intracoastal Waterway.
Carved out between centuries-old oak trees, the championship Arthur Hills golf course offers a challenging experience. The breezes from the Intracoastal Waterway require golfers to have good shot accuracy for this course. Meticulously maintained, Palencia ’s golf course offers many breath-taking views along the marsh, wetlands, preserves and the Tolomato River.
Community
Palencia, created by international developer Hines, resembles the community-oriented designs of places like historic St. Augustine and San Marco. Different from other master-planned communities in Northeast Florida, Palencia has a full range of world-class amenities. Palencia ’s recreational amenities include golf, tennis, three swimming pools, a fitness center, athletic fields, pocket parks as well as a 30-acre park system interconnected by a series of boardwalks and fitness trails. Families enjoy being a part of this multi-faceted, unique natural environment.
Live, explore and build cherished family memories in a place where the natural beauty of the land has remained unchanged since the birth of the continent in 1791. Teresa Hill Marchal claimed a 500-acre Spanish land grant along the Intracoastal Waterway in northeast Florida -- a wild and lovely stretch of moss-draped hammocks, coastal plains and pristine tidal marshes. Today, that land forms the heart and soul of this exceptional residential community. Palencia lies on the west bank of the Intracoastal Waterway and Tolomato River, across from the 12,000 acre Guana River State Park and world-famous Ponte Vedra Beach.
Palencia’s Village Center and Amenities
Following the traditional Mediterranean style of community, the Palencia Village Center is located in the heart of the community and is a central gathering point. Features include 10 Fully Lighted Hydo-Grid Tennis Courts, a Multi Million Dollar Fitness and Aquatic Center and a community Pool with a wonderful water slide. Seasonal programs and parties include Summer Camps, Health Fairs, Halloween Haunted House and the Community Holiday Tree Lighting.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017