3731 Grassey Key
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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 |
|---|---|---|---|
| Apr 4, 2024 | Sold | ||
| Sold | |||
| Feb 20, 2024 | Listed by THE LEGENDS OF REAL ESTATE | $2,000,000 | |
| Listed by THE LEGENDS OF REAL ESTATE | |||
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Welcome to Paradise Key- beach living at its finest! This stunning coastal home designed by architect Michael Stauffer and built by Glenn Layton, boasts luxury and comfort in every corner.With 4 bedrooms, 4.5 bathrooms, plus an office and a spacious loft, there's room for everyone to thrive. The carriage home offers flexibility with two separate rooms, ideal for guests or additional workspace. Entertain effortlessly in the open floor plan featuring a gourmet kitchen with stainless steel Thermador appliances. Step outside to your private oasis with a heated splash pool/hot tub combo, powered by dual heat pump and propane. gas, perfect for year-round enjoyment. Enjoy tranquil water views from your backyard, complete with a beautiful fountain, offering the ultimate in relaxation and privacy. With wood floors throughout the first floor and a well-sought-after location in South Jax Beach, this home truly epitomizes coastal luxury living. Don't miss your chance to call Paradise Key home!
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| Dec 23, 2014 | Sold | ||
| Sold | |||
| Jul 22, 2012 | Listed by QUEST REAL ESTATE | $245,000 | |
| Listed by QUEST REAL ESTATE | |||
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About Beaches
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017