507 OCEAN MIST Court
About This Property
Step inside to discover a meticulously updated interior with bamboo wood floors throughout the main living areas, complemented by freshly painted walls that create a bright and airy atmosphere.
The heart of the home features brand new quartz countertops in the kitchen, perfect for both culinary adventures and casual dining. Custom built-ins in the living room offer both style and functionality, providing ample storage and display space.
Enjoy modern comforts with smart home features integrated throughout, including a state-of-the-art whole home air purifier and air conditioning system for optimal indoor air quality. A gas fireplace adds cozy warmth on cooler evenings, enhancing the inviting ambiance of the living space.
Outside, the landscaped backyard oasis boasts a spacious deck, ideal for al fresco dining or simply basking in the coastal breeze. The property features driveway and patio pavers, adding to its curb appeal and low-maintenance charm.
Included in this exceptional package is a low monthly HOA fee covering full lawn care and maintenance, along with sprinkler irrigation. Additionally, the sale includes a state-of-the-art home theatre system featuring a 65" Samsung The Frame 4K TV with a 5.1 surround sound system that includes Dolby Atmos in-ceiling speakers.
This home epitomizes coastal living at its finest, offering both serenity and style just moments from the ocean's edge.
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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 |
|---|---|---|---|
| Oct 11, 2024 | Sold | ||
| Sold | |||
| Sep 21, 2024 | In contract | - | |
| In contract | |||
| Sep 7, 2024 | Price Decreased |
$699,999
↓ $20K
(2.8%) | |
| Price Decreased | |||
| Aug 1, 2024 | Price Decreased |
$719,999
↓ $20K
(2.7%) | |
| Price Decreased | |||
| Jul 10, 2024 | Price Decreased |
$739,999
↓ $10K
(1.3%) | |
| Price Decreased | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About St. Augustine Beach
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$4,800 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017