4749 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 |
|---|---|---|---|
| Sep 26, 2018 | Sold | ||
| Sold | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 7, 2018 | Listed | $1,595,000 | |
| Listed | |||
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Renovated 1st tier Mediterranean beach home with permanent Gulf views in Destin's exclusive Gulf-front community, Destiny by the Sea. Updated throughout, this home is move-in or rental ready. $123K/year rental income projected or $150K/year with addition of a pool. Neutral palettes, natural materials, and beachy accents are on trend with today's coastal design. Renovations include full kitchen and the addition of a 5th bedroom. Wide balconies and an expansive 3rd floor deck capture sea breezes and frame turquoise waters. Rare 1st living, dining, kitchen areas. Elevator access on all 3 floors. New kitchen features Viking appliances and new granite countertops. This corner lot is just steps from the private beach walkover and roomy enough for a front yard pool (HOA approval required). Destiny by the Sea is an elite gated community located right on the Gulf of Mexico in central Destin near dining, entertainment, and Florida's largest charter fishing fleet. Amenities include a guard-gated entry, a luxurious community pool, and private beach. The manager has listed the unit size as 3294 square feet.
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| May 12, 2018 | Listed by Keller Williams Realty Destin | $1,595,000 | |
| Listed by Keller Williams Realty Destin | |||
| Jul 30, 2017 | Listed | $1,650,000 | |
| Listed | |||
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Ocean Villa is an alluring 4 bedrooms, 4 bath home located in the prestigious community of Destiny by the Sea. Ocean Villa sits just across the street from the sugar white beaches of the Emerald Coast and gives you quick access to one of the two community boardwalks.This lovely corner lot home is 3300 sq ft of living space which features charming beach decor, making you feel right at home. Enjoy the wrap-around balcony on the second floor that is perfect for relaxing your day away. The best part of this house is the serene view you have from the 3rd floor. Ocean Villa is conveniently located just down the street from the large community pool and hot tub, making this a perfect home for families with small children.The manager has listed the unit size as 3294 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017