4729 Ocean Boulevard
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 |
|---|---|---|---|
| Jan 4, 2023 | No longer available | - | |
| No longer available | |||
| Oct 29, 2022 | Price Decreased |
$3,899,000
↓ $100K
(2.5%) | |
| Price Decreased | |||
| Jun 15, 2022 | Price Decreased |
$3,999,000
↓ $101K
(2.5%) | |
| Price Decreased | |||
| May 29, 2022 | Listed by Destin Real Estate | $4,100,000 | |
| Listed by Destin Real Estate | |||
| | |||
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Prepare to be WOWED by ''Carpe Diem'', one of Destiny By The Sea's most elegant homes! No expense was spared when updating this modern masterpiece with fresh paint inside and out, tile floors, quartz countertops, new cabinets in the kitchen and all bathrooms, Dacor appliances, two ice makers, new exterior and stylish interior lighting, Nest thermostats, 5 king suites, bunk room and all new furniture. In addition, the home has two laundry areas, an elevator, two outdoor showers, private pool, two AC units, large spacious bedrooms, multiple wet bars, wrap around balconies, and a two car garage. Carpe Diem is across the street from the sugar white beaches of the Emerald Coast with easy beach access. The manager has listed the unit size as 3857 square feet.
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| May 26, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017