329 OCEAN FOREST Drive
About This Property
The moment you drive up to this magnificent landscaped home, you will be greeted by 8 large live oaks and a manicured low maintenance yard.
TRUE beachside living – an easy walk to the beach. Enter through the mahogany double front doors, you realize you've stepped into a home of elegance and comfort. Do I dare say "Cozy Elegance?" Uncompromising from top to bottom, not to mention a one of a kind designed by Architect Mike Stauffer (featured on HGTV) and built in 2013 by celebrated builder John Ruggeri. This home is truly a masterpiece. Everything you could possibly want is here in this 4BR/2.5 BA including 2 Master Retreat and a spacious office suite. Plantation shutters throughout. Perfect lighting from windows brings the outside in. All natural wood throughout. Crown molding ceilings, open concept kitchen w/ island seating. Cozy kitchen nook w/ view of private lagoon. Gold Calacatta marble, large farm sink, gas Thermador range, 48" Thermador side by side refrig/freezer, white cabinets w/ accents rain glass. Gas fireplace in living area surrounded by onyx tile and molding w/ wet bar and custom refrigerator, Kohler sinks, Central vac. More than enough storage. Large laundry room w/ sink, Maytag Maxima front load washer and dryer. Oversized 2.5 car garage with extra storage. Taking you up to the second floor stairway is wide and steps and handrails perfectly maintained. Down Master has walk in shower, 2 separate sinks, travertine flooring and onyx counter tops. Master suite has a private balcony overlooking the spacious back yard/lagoon. Huge walk-in custom closet, travertine flooring, double vanity, make-up station, huge shower, porcelain, tub, large linen closet. From the living room, you walk outside to your covered screen porch, wood deck perfect for outdoor entertaining. Steps take you down to the beautiful seating area for moments of peace and serenity. Nothing has been overlooked in this thoughtful layout and design of this home.
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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 3, 2018 | Sold | ||
| Sold | |||
| Nov 25, 2017 | Listed by BRITE REAL ESTATE PROFESSIONAL | $875,000 | |
| Listed by BRITE REAL ESTATE PROFESSIONAL | |||
| Feb 21, 2012 | Sold | ||
| Sold | |||
| Dec 22, 2006 | Sold | ||
| Sold | |||
| Jul 21, 2006 | Listed by WATSON REALTY CORP | $299,900 | |
| Listed by WATSON REALTY CORP | |||
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Fantastic premium lakefront lot in Anastasia Dunes. Lakefront with wooded preserve beyond that will never be built on. Just you, the fish, birds,otters and other fascintating wildlife. Be a part of st. Augustine Beaches exclusive gated communities. Close to the beach.
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About St. Augustine Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017