705 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.
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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 30, 2021 | Sold | ||
| Sold | |||
| Jan 12, 2021 | Listed by WATSON REALTY CORP | $1,650,000 | |
| Listed by WATSON REALTY CORP | |||
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| May 7, 2018 | Listed | $1,249,000 | |
| Listed | |||
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Ocean View Home Built In 2004 With 4bd/4.5ba In The Main House,A 1bd/1ba Carriage House Over The Garage,And A Spacious 4351 Sq. Ft,Of Heated And Cooled Space In Total. Located Behind The Gates Of Sea Colony In The Only Gated Beachfront Community In St. Augustine Beach,Sits This Custom Home That Offers Beautiful Finishes And Features.,On The Interior You Will Find Stone Flooring On The First Floor,Wood Floors On The Second Floor And 3rd Floor Tower Room,Kitchen With Subzero Refrigerator,5 Burner Gas Range,Two Sinks,Oversized Island With Beautiful Granite Countertops,A Spacious Eat In Kitchen With Custom Built In Cabinetry,And Living Room With Gas Fireplace And Marble Surround. Additional Interior Features Include A Spacious Master Bedroom Suite With Luxurious Bathroom,Large Walk In Closets,A Family Room On The 2nd Floor And A Tower Room With Beautiful Ocean Views And Would Make A Great Office. On The Exterior,You Will Find A Large Yard With Room For A Pool,Numerous Balconies To Enjoy The Ocean Views And Ocean Breezes,A 2 Car Garage With Alley Access And A Metal Roof. The Community Of Sea Colony Offers 4 Beach Walkovers,A Community Pool And Cabana Area And Offers A 24 Hour Manned Entrance. Shopping,Grocery And Restaurants Are Within Walking Distance And Downtown St. Augustine Is A 5 Minute Drive Away. The manager has listed the unit size as 4351 square feet.
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| Jan 2, 2018 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $1,249,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
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Ocean view home built in 2004 with 4bd/4.5ba in the main house, a 1bd/1ba carriage house over the garage, and a spacious 4351 sq. ft, of heated and cooled space in total. Located behind the gates of Sea Colony in the only gated beachfront community in St. Augustine Beach, sits this custom home that offers beautiful finishes and features. On the interior you will find stone flooring on the first floor, wood floors on the second floor and 3rd floor tower room, kitchen with subzero refrigerator, 5 burner gas range, two sinks, oversized island with beautiful granite countertops, a spacious eat in kitchen with custom built in cabinetry, and living room with gas fireplace and marble surround. Additional interior features include a spacious master bedroom suite with luxurious bathroom, large walk in closets, a family room on the 2nd floor and a tower room with beautiful ocean views and would make a great office. On the exterior, you will find a large yard with room for a pool, numerous balconies to enjoy the ocean views and ocean breezes, a 2 car garage with alley access and a metal roof. The community of Sea Colony offers 4 beach walkovers, a community pool and cabana area and offers a 24 hour manned entrance. Shopping, grocery and restaurants are within walking distance and downtown St. Augustine is a 5 minute drive away.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017