645 OCEAN PALM Way
About This Property
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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, 2017 | Sold | ||
| Sold | |||
| Sep 27, 2017 | Listed by LIGHTHOUSE REALTY ASSOCIATES | $1,300,000 | |
| Listed by LIGHTHOUSE REALTY ASSOCIATES | |||
| Nov 18, 2016 | Listed by UNITED REAL ESTATE GALLERY | $1,300,000 | |
| Listed by UNITED REAL ESTATE GALLERY | |||
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Wake up every morning to beautiful views of the ocean in your professionally designed, Key West inspired beach home! Superior construction quality with unobstructed ocean views from multiple vantage points including the living room, dining room, master bedroom and second story deck. Entertain in grand Florida style with sprawling spaces flowing outside to your pool, spa and summer kitchen. The perfect place to cool off after a fun day at the beach. Wrap around porch on main floor off theatre rm/game rm. Open your white picket fence and walk across the street to the ocean. Privacy and peace of mind w/a manned security gate, conveniently located across the street from Publix and other shopping. This is your dream home on Florida's historic coast in the nation's oldest city!
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| Apr 24, 2001 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017