358 ROYAL PALMS Drive
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%.
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 14, 2023 | Sold | ||
| Sold | |||
| Jun 25, 2023 | Listed by ENGEL & VOLKERS FIRST COAST | $575,000 | |
| Listed by ENGEL & VOLKERS FIRST COAST | |||
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Welcome home to this adorable & completely updated beach house perfect for entertaining in Atlantic Beach! 4 bedrooms, 2 baths, open floor plan, and an amazing deck and backyard for entertaining! You are welcomed by a beautiful kitchen with granite counter tops and stainless steel appliances that leads to open dining room and living room. Cozy family room with French doors that leads to huge deck and backyard with firepit. The outdoor shower is perfect to wash off the sand after a fun filled beach day! Bedroom off of the kitchen is perfect to be used as an office or playroom. The beach and Atlantic Town Center with lots of restaurants and shops is just a short bike ride away! Don't wait to see this beach beauty!
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| Apr 6, 2023 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | $645,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | |||
| Jul 9, 2020 | Sold | ||
| Sold | |||
| Apr 11, 2020 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | $400,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017