581 RIO DEL NORTE Road
About This Property
Bask in the luxurious spa or heated pool, all set amidst a sprawling half-acre, fully fenced lot that's thoughtfully designed for your privacy. The upstairs is designed for guests or extended family, complete with a full bath.
Cooking enthusiasts will adore the kitchen, featuring an island breakfast bar, quartz countertops, top-of-the-line Electrolux stainless appliances, and a gas cooktop. Dive into the good life with amenities that unlock a world of leisure! Your exclusive membership grants you access to not one, but two inviting pools, a state-of-the-art tennis center, and a fitness hub that's as stunning as it is well-equipped.
Nestled in the highly sought-after Isle of Palencia, this sanctuary is home to just 43 lucky residents, securely tucked within the Palencia gates. Prepare to be wowed by the world-class Palencia amenities that await you.
And if top-rated St. Johns County Schools are on your wish list, you're in luck, as this residence falls within the zone.
For those who crave even more from life, both social and golf memberships at the Palencia Club are available for an extra fee. The golf course itself is a masterpiece, a 7,071-yard Arthur Hills design that weaves its way through ancient oaks and offers mesmerizing views of the intracoastal waterway.
Don't just live; live the Palencia way. It's all here, ready and waiting for you to experience.
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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 |
|---|---|---|---|
| Dec 15, 2023 | Sold | ||
| Sold | |||
| Nov 1, 2023 | Listed by COLDWELL BANKER VANGUARD REALTY | $1,200,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
| Jul 27, 2021 | Sold | ||
| Sold | |||
| May 20, 2021 | Listed by COLDWELL BANKER VANGUARD REALTY | $875,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
| Apr 2, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017