503 PORPOISE POINT Drive
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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 14, 2022 | Sold | ||
| Sold | |||
| Feb 10, 2022 | Listed by DJ & LINDSEY REAL ESTATE | $1,775,000 | |
| Listed by DJ & LINDSEY REAL ESTATE | |||
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Welcome to 503 Porpoise Point in the desirable Vilano Beach! Enjoy views of both the sunrise from the Atlantic Ocean and sunsets from the Intracoastal. This beach front home is meticulously maintained from top to bottom, with many upgrades that make this property move in ready! Just a few of the many upgrades include a brand new custom kitchen that boasts all new stainless steel appliances, live edge oak island and walnut countertops. Recently updated exterior decks, stainless steel cable and handrails. All doors and windows are hurricane rated and have turtle tint required for oceanfront homes and a 22 KW Generac whole house generator. Property has never flooded with an elevation of 10 ft. Just a 10 minute drive to downtown Saint Augustine! All information pertaining to the property is deemed reliable, but not guaranteed. Information to be verified by the Buyer.
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| Jan 19, 2022 | No longer available | - | |
| No longer available | |||
| Jan 14, 2022 | Price Decreased |
$1,895,000
↓ $5K
(0.3%) | |
| Price Decreased | |||
| Dec 11, 2021 | Listed by PALM COAST REAL ESTATE CO. | $1,900,000 | |
| Listed by PALM COAST REAL ESTATE CO. | |||
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Get Your Slice of Paradise! Enjoy the Breathtaking Gorgeous Panoramic Views of St Augustine Inlet and Ocean. This Stunning Spacious Ocean and Beach Front Home Boasts with Numerous of Upgraded Features Such as All Custom Kitchen Cabinets with Custom Walnut Countertops and Live Edge Oak Center Island, Custom Glass Top Bar with Wave Action, Sea Glass Subway Tile, Diamond Grouted, New Kitchen Stainless Steel Appliances, Wine Fridge, Gas Stove, New Porcelain Plank Floors, Updated Designer Bathrooms, Beautiful New Paver Driveway and Paver Deck Areas, New Standing Seam Metal Roof, 22kw Generac Whole Home Generator and New 125 Gal Propane Tank. Built to Last Bulk Head that's 35ft Deep Concrete Sea Wall with 5ft. wide 12” Thick Concrete Sidewalk and New Decks, All Hurricane Rated Doors and Window with Sea Turtle Glass with So Much More Tasteful Upgrades!! Separate Guest Suite on 1st Floor. What a Truly AMAZING Second Home or Primary Residence! No AirBnB. Schedule Your Private Showing Today! The manager has listed the unit size as 2584 square feet.
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Property Highlights
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About Villano Beach
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Last Updated: 3 years ago
Data Source: Real MLS, MLS# 735832
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Address: 335 Madison Avenue, New York, NY 10017