506 LE MASTER 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 |
|---|---|---|---|
| Jul 22, 2025 | Sold | ||
| Sold | |||
| Jun 21, 2025 | In contract | - | |
| In contract | |||
| Jun 10, 2025 | Listed by PONTE VEDRA CLUB REALTY, INC. | $2,995,000 | |
| Listed by PONTE VEDRA CLUB REALTY, INC. | |||
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Location, Location! Nestled just steps away from the beach and both the iconic Ponte Vedra Inn & Club and The Lodge Beach Club, this beautifully renovated home sits in one of the most desirable locations in all of Ponte Vedra Beach. Situated east of A1A in the heart of Old Ponte Vedra, it offers the rare opportunity to live in a prime coastal setting with modern upgrades throughout. Enjoy lovely water views right from the front porch, adding to the charm and tranquility of this beachside gem. The home has been completely remodeled, featuring a spacious primary suite and a bright Florida room that's perfect for relaxed living or entertaining guests. Inside, you'll find new hardwood flooring, a completely updated kitchen, and luxuriously finished bathrooms with interior designer-selected materials. The backyard is expansive and professionally landscaped to create an ideal setting for gatherings. Ask about our Preferred Membership to Gate Hospitality - Ponte Vedra Inn & Club, The Lodge & Club, Epping Forest, and The River Club. Ask about our Preferred Membership to Gate Hospitality - Ponte Vedra Inn & Club, The Lodge & Club, Epping Forest, and The River Club.
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| Apr 18, 2022 | Sold | ||
| Sold | |||
| Nov 1, 2021 | Listed by ONE SOTHEBY'S INTERNATIONAL REALTY | $2,450,000 | |
| Listed by ONE SOTHEBY'S INTERNATIONAL REALTY | |||
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Location Location! This home is located steps away from both the Ponte Vedra Beach Club & The Lodge Beach Club. Prime Ponte Vedra Beach Location with a sprawling backyard for hours of entertaining. . The backyard has been cleared with lush landscaping. Fantastic opportunity to own east of A1A in the highly sought-after area of Old Ponte Vedra. Home is in the process of being totally remodeled with the addition of a new master suite and Florida room.
All new interior to include, hardwood flooring, new bathroom and new kitchen. Home to be completed mid-December. Samples of all the tile and hardwoods are in the home and rendering of the rooms are available. New roof 2021. Interior designer is available to meet to explain the finishes.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017