416 CENTRAL Street
About This Property
front without fears of cars speeding by. It's the perfect area to play ball, draw with chalk, chat with a neighbor, or relax on the front porch and see the beautiful sunsets. Although there are several houses in our area, it is so quiet and relaxing. The location of 416 Central Street is ideal. Publix is just a few minutes drive.
Lots of memories have been made while walking our kids to school. The pool, tennis and pickleball courts, and fitness center are also in walking distance.There is nothing like waking up early to take a stroll to the fountain on Market Street and catching the sunrise over the golf course. We've also enjoyed walking the boardwalk and seeing the morning views on the intracoastal waterway.Holidays are extra special in Palencia. Driving around and seeing the houses
decked out for Halloween and Christmas is always a favorite. Halloween is sofun for the kids and adults. The community comes together and really makes it so memorable for families. Christmas is beautiful and the lights make the season extra warm and inviting. The events on Market Street are fun. There are events
for Easter, the end of the school year, Memorial Day, Fall, Christmas, and so many others. Palencia is a large neighborhood, but everyone is so friendly and it's a close knit community. Once you're here, you will find that you won't meet many strangers. You get to know everyone and we've found that to be comforting when moving here from out of state. You will also enjoy the monthly neighborhood magazine, Stroll. It features different neighborhood events, usually has a spotlight on a family from the community, and has other fun articles laced throughout. Palencia is a neighborhood that is truly unmatched. Filled with so many amenities and conveniences, close to downtown and the beaches, yet secluded and tucked away. We hope the family that gets to call 416 Central Street home
will fall in love the way we did.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| Jul 4, 2024 | In contract | - | |
| In contract | |||
| Jun 14, 2024 | Price Decreased |
$595,000
↓ $4K
(0.7%) | |
| Price Decreased | |||
| May 3, 2024 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | $599,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | |||
| Oct 25, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017