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50 FOLSON LANE
About This Property
Featuring 4 spacious bedrooms and a breathtaking open-concept design, this home is defined by high-end luxury and natural light. The gourmet kitchen boasts premium quartz countertops and a layout built for hosting.
Key Features:
New Construction (2024): Everything is brand new.
Privacy: Fully fenced backyard, perfectly sized for a custom pool.
Prime Location: Minutes from the best of Palm Coast dining, shopping, and trails.
Note: Some photos have been virtually staged to show the home's incredible potential.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 18, 2026 | Sold | ||
| Sold | |||
| Jun 3, 2026 | In contract | - | |
| In contract | |||
| May 5, 2026 | Price Decreased |
$374,900
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Apr 12, 2026 | Price Decreased |
$379,900
↓ $10K
(2.6%) | |
| Price Decreased | |||
| Mar 7, 2026 | Listed by COLDWELL BANKER PREMIER | $389,900 | |
| Listed by COLDWELL BANKER PREMIER | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017