519 OCEAN FRONT
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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%.
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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.
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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 |
|---|---|---|---|
| Feb 7, 2006 | Sold | ||
| Sold | |||
| Jun 30, 2005 | Listed by PONTE VEDRA CLUB REALTY, INC. | $525,000 | |
| Listed by PONTE VEDRA CLUB REALTY, INC. | |||
| Jun 15, 2004 | Listed by PONTE VEDRA CLUB REALTY, INC. | $500,000 | |
| Listed by PONTE VEDRA CLUB REALTY, INC. | |||
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Unobstructed oceanviews! Wonderful building opportunity in the heart of Neptune Beach and steps to the ocean. Walking distance to shops and restaurants. Building plans being drawn - possible build to suit opportunity. Special setbacks apply.
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| May 26, 2004 | Sold | ||
| Sold | |||
| Feb 10, 2004 | Listed by MARSH LANDING REALTY, INC. | $489,900 | |
| Listed by MARSH LANDING REALTY, INC. | |||
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NOTE: This sale did not represent a true arms-length transaction.
Steps to the beach. Fabulous ocean views from this lot. Choose your own builder and design plans or view the plans on file. Plans on file include 2,955 SF home with 4 BR/3.5 BA and 2-car garage. Living area on second floor w/balcony overlooking the ocean.
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About Beaches
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017