4480 COASTAL Highway
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 |
|---|---|---|---|
| Mar 4, 2019 | Sold | ||
| Sold | |||
| Sep 27, 2018 | No longer available | - | |
| No longer available | |||
| Sep 27, 2018 | Listed by ENGEL & VOLKERS FIRST COAST | $999,999 | |
| Listed by ENGEL & VOLKERS FIRST COAST | |||
| Aug 14, 2018 | Listed | $1,495,000 | |
| Listed | |||
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At first glance the barrel tile roof, parapet walls and stucco exterior of 4480 Coastal Highway make the house seem like an extension of St Augustine's history; but when you walk through the ornate doors you are transported into a modern, beachy realm. This oceanfront home was built in 2016 and the first floor features a beautiful white tiled entryway, two bedrooms each with an en suite bathroom, sliders, and plenty of views of Vilano Beach. Up the wood staircase you head to the second floor living space, where you'll find lots of light, courtesy of east-facing wall to wall sliders and windows. A modern white kitchen is an entertainer's dream as you'll find a built-in gas cooktop with a pot-filling spout, double ovens, two wine coolers, two sinks, and a built-in coffee station. The manager has listed the unit size as 3023 square feet.
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| May 1, 2018 | Listed by ENGEL & VOLKERS FIRST COAST | $1,495,000 | |
| Listed by ENGEL & VOLKERS FIRST COAST | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017