713 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 |
|---|---|---|---|
| Aug 29, 2019 | Sold | ||
| Sold | |||
| Apr 30, 2019 | Listed by BRITE REAL ESTATE PROFESSIONAL | $1,599,000 | |
| Listed by BRITE REAL ESTATE PROFESSIONAL | |||
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Enjoy luxury beach side living in the gated community of Sea Colony. As you walk into this two story custom built pool home you are wowed by the large French doors wrapped around the home leading to the private pool and balconies with ocean views. Beautiful hardwood oak floors and plenty of natural light flow throughout the home's open, airy layout. This immaculate, professionally-designed 4 bedroom 4.5 bath home exudes modern elegance. Every detail was carefully selected and quality crafted. Built in 2007 the home features a formal sitting and dining room. The kitchen is a chefs delight with granite counter tops, stainless steel appliances, cozy kitchen nook and family room with fireplace opened to the kitchen. The second floor boosts the elegant master bedroom and spacious en suite. Along with a bonus room with two additional bedrooms shared by a Jack and Jill bath. The guest suite is set apart over the garages with a sitting area and separate bedroom and bath to enjoy a comfortable stay. Enjoy two laundry rooms, oversize two car garage with work area, covered porches, extra wide staircases, three gas instant water heaters, energy efficient insulation, six zone HVAC, Anderson high impact doors and windows. Living in Sea Colony offers you 4 private beach accesses, community pool, club house, and a 24 hour guard at the gate. Enjoy the beach lifestyle in luxury.
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| Sep 15, 2018 | Listed by WATSON REALTY CORP | $1,699,000 | |
| Listed by WATSON REALTY CORP | |||
| Apr 17, 2013 | Sold | ||
| Sold | |||
| Jul 4, 2012 | Listed by WATSON REALTY CORP | $1,490,000 | |
| Listed by WATSON REALTY CORP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017