523 SALT TIDE Way
About This Property
On the exterior you are surrounded by preserve and have only one neighbor to the east. You will enjoy the wildlife from the deer, owls, multitude of bird wildlife. There is a large covered back porch with extended screen lanai, spacious backyard, a new roof in 2017, hurricane shutters for all doors and windows, and plenty of garage storage.
This home has been meticulously maintained and is sure to please the most discerning of buyers, so it is not to be missed! Located in Marsh Creek Golf and Country Club where club membership is optional, there are two 24-hour manned gates, and the beach, downtown, restaurants and shops are just minutes away.
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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 |
|---|---|---|---|
| Aug 16, 2023 | Sold | ||
| Sold | |||
| May 24, 2023 | Listed by COLDWELL BANKER VANGUARD REALTY | $925,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
| Oct 29, 2018 | Sold | ||
| Sold | |||
| Apr 5, 2018 | Listed by COLDWELL BANKER VANGUARD REALTY | $575,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
| Aug 30, 2005 | Sold | ||
| Sold | |||
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017