49 ARMAND BEACH Drive
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 |
|---|---|---|---|
| Apr 5, 2024 | Sold | ||
| Sold | |||
| Mar 4, 2024 | In contract | - | |
| In contract | |||
| Feb 18, 2024 | Price Decreased |
$699,000
↓ $100K
(12.5%) | |
| Price Decreased | |||
| Jan 6, 2024 | Listed by HAMMOCK REAL ESTATE GROUP | $799,000 | |
| Listed by HAMMOCK REAL ESTATE GROUP | |||
| | |||
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STRONG income-generating property. Live moments from the beach in this newly built four-bedroom three bathroom home with a versatile office or fifth bedroom, a large open spacious living area, and a well-appointed kitchen, offering unparalleled comfort and style. The fenced backyard adds convenience for entertaining or boat storage. Direct access to a beautiful walking/bicycle trail, free boat launches at Bings Landing, and proximity to Washington Oaks, restaurants, hardware, and grocery stores make this an exceptional coastal lifestyle choice.
This location offers that old time beachy feel with the convivence of short drives: 15 minutes from Flagler Beach, 25 minutes to historical St Augustine and only 35 minutes to Daytona Speedway
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| Sep 23, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017