744 OCEAN PALM
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 |
|---|---|---|---|
| Sep 15, 2016 | Sold | ||
| Sold | |||
| Jun 20, 2014 | Sold | ||
| Sold | |||
| Feb 3, 2014 | Listed by WATSON REALTY CORP | $669,000 | |
| Listed by WATSON REALTY CORP | |||
| Nov 7, 2007 | Listed by ST AUGUSTINE REALTY | $770,000 | |
| Listed by ST AUGUSTINE REALTY | |||
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Enjoy the beach life in this beautiful 3BR, 2.5BA oceanview home. Open floor plan w/stylish decor. Closest to the ocean in the Villa Section of Sea Colony, this exceptional home is just steps to the beach walkover & the oceanfront community pool complex. Sea Colony is an upscale oceanfront gated community in the heart of St. Augustine Beach.
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| May 31, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017