628 OCEAN PALM Way
About This Property
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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.
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 |
|---|---|---|---|
| Mar 2, 2018 | Sold | ||
| Sold | |||
| Jul 28, 2017 | Listed | $1,997,000 | |
| Listed | |||
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This Amazing House Was Built By Buzz Johnson With Numerous Upgrades. This Beautiful Home Has 5 Bedrooms And 5 Full And 2 Half Baths,Direct Ocean Front,And Three Stories Plus Elevator And Is Located In Sea Colony St Augustine's Premier Gated Community. The Two Car Garage Is Air-conditioned And Oversized For Great Storage. There Is Also An Electric Fireplace With Imported Stone,Numerous Custom Cabinets Throughout The Home For Storage. A Great Home For Entertaining Family And Friends.,Beautiful Landscaped Pool Area With Both Adult Pool And Children's Pool Surrounded By Pavers. The Home Features Its Own Well That Provides Irrigation To The Luscious Landscaping. The Pool Area Also Has Outdoor Lighting. Pool Bath Access On The Side Entry. The Chef's Kitchen Has All The Bells And Whistles With Two Full Ovens,Two Fischer Paykel Dishwashers,Imported Granite,Large Center Island. Kitchen Area Also Has Built In Desk Area. Pantry Area With Stacked Maytag Commercial Washer And Dryer. There Is Another Full Laundry Service On The Second Floor. Making Your Daily Life Easier. First Floor Has 1 Bedroom And Full Bath. Dining Area Has Built In Glass Cabinets For Great Storage And Entertaining Large Dinner Parties. The 2nd Floor Has A Spacious Master Bedroom And Bath,With A Sitting Room With Porch Access Directly Facing The Ocean. Wake Up To The Sound And Sight Of The Ocean Waves. Life Does Not Get Any Better Than This. There Is A Theater Room With Large Electric Retractable Screen And Wet Bar.two Additional Large Bedrooms With Full Bath And Sitting Room Occupy The Second Floor. The Large Tower Room Has A Half Bath,Wet Bar,And Deck On The Ocean.there Is Also An Attic Area With Plenty Of Storage. Other Features Include A Central Vacuum System,And Intercom Through Out The Home.an Elevator To Service All Three Floors. Anderson Hurricane Doors,2 Hot Water Heaters,2 Ac Units,With Separate Garage System For Cooling. A Fabulous Home Everyone Will Enjoy. The manager has listed the unit size as 5598 square feet.
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| Jul 14, 2017 | Listed by WATSON REALTY CORP | $1,997,000 | |
| Listed by WATSON REALTY CORP | |||
| Sep 14, 2016 | Listed by WATSON REALTY CORP | $2,090,000 | |
| Listed by WATSON REALTY CORP | |||
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This amazing house was built by Buzz Johnson with numerous upgrades. This beautiful home has 5 bedrooms and 5 full and 2 half baths, ,direct ocean front, and three stories plus elevator and is located in Sea Colony St Augustine's premier gated community. The two car garage is air-conditioned and oversized for great storage. There is also an electric fireplace with imported stone, numerous custom cabinets throughout the home for storage. A great home for entertaining family and friends. Beautiful landscaped pool area with both adult pool and children's pool surrounded by pavers. The home features its own well that provides irrigation to the luscious landscaping. The pool area also has outdoor lighting. Pool bath access on the side entry.
The chef's kitchen has all the bells and whistles with two full ovens, two Fischer Paykel dishwashers, imported granite, large center Island. Kitchen area also has built in desk area. Pantry area with stacked Maytag commercial washer and dryer. There is another full laundry service on the second floor. Making your daily life easier. First floor has 1 bedroom and full bath. Dining area has built in glass cabinets for great storage and entertaining large dinner parties.
The 2nd floor has a spacious master bedroom and bath, with a sitting room with porch access directly facing the ocean. Wake up to the sound and sight of the ocean waves. Life does not get any better than this. There is a theater room with large electric retractable screen and wet bar.Two additional large bedrooms with full bath and sitting room occupy the second floor.
The large tower room has a half bath, wet bar, and deck on the ocean.There is also an attic area with plenty of storage. Other features include a central vacuum system, and intercom through out the home.An elevator to service all three floors. Anderson hurricane doors, 2 hot water heaters, 2 ac units, with separate garage system for cooling. A fabulous home everyone will enjoy.
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| Jun 6, 2002 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017