428 DAVIS Street
About This Property
Nestled in the serene coastal community of Neptune Beach, this stunning residence epitomizes beachside living. Tons of living space creates an inviting atmosphere for both casual living and entertaining. Spread across two levels, the house boasts five bedrooms with the master suite located on the upper level. The (salt water) pool area offers an irresistible oasis for relaxation and entertainment, perfect for lazy afternoons lounging in the sun or hosting lively gatherings with family and friends. With its prime location in close proximity to the Beach, Jarboe Park & Beaches Town Center this exceptional home offers the ultimate coastal lifestyle experience.
*Brand new roof with transferrable warranty to new owners.
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 2, 2024 | Sold | ||
| Sold | |||
| Jul 15, 2024 | In contract | - | |
| In contract | |||
| Jun 14, 2024 | Price Decreased |
$1,375,000
↓ $115K
(7.7%) | |
| Price Decreased | |||
| Mar 20, 2024 | Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST | $1,490,000 | |
| Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST | |||
| Jul 8, 2022 | Listed by OCEANSIDE REAL ESTATE | $1,350,000 | |
| Listed by OCEANSIDE REAL ESTATE | |||
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Amazing opportunity to own a Large coastal style pool home in the heart of Neptune Beach! If you are looking for the combination of prime location, ocean proximity & square footage - this is the one! An Epic Spot approximately 4 blocks from the Beach, 3 blocks from Jarboe Park and 3/4 of a mile from the Beaches Town Center. Situated on a 70' lot - this home offers tall soaring ceilings, IG Pool w/ paver deck and a covered patio w/ Summer Kitchen. Great for Entertaining, as there are 5 Bedrooms, with 2 master suites, that offer plenty of space for a family and/or visiting guests. The large rear yard & paver kool deck are amazing to enjoy after long days on the Beach. New luxury plank floors were just installed and the master shower was just re-done. This one is awesome!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017