657 Patina Boulevard
About This Property
The home centers around an open living, dining, and kitchen layout designed for effortless coastal living. Natural light fills the space throughout the day, while a screened front porch extends the living area outdoors for slow mornings with coffee or relaxed evenings after the beach.
Each of the three bedrooms includes a private en-suite bath, offering comfort and privacy for both family and guests. The upstairs primary suite features its own private outdoor shower, complemented by a second outdoor shower on the property -- ideal for rinsing off after long beach days.
Magnolia Cottages is known for its quiet charm, walkable layout, and access to a community pool and green space. The neighborhood sits just behind Camp Creek Golf & Country Club, placing golf, dining, and resort-style amenities only minutes away.
Thoughtfully redesigned and offered turnkey, 657 Patina delivers distinctive interior style and effortless beach living in one of the most desirable pockets of East 30A.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017