764 OCEAN PALM WAY Way
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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 13, 2018 | No longer available | - | |
| No longer available | |||
| Jul 3, 2018 | Sold | ||
| Sold | |||
| May 9, 2018 | Listed | $605,000 | |
| Listed | |||
| | |||
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Tucked Away In The Most Prestigious Oceanfront,Gated Community On St. Augustine Beach Is This Charming,Newly Renovated Cottage In Sea Colony. Just Steps From The Ocean,This 4 Bedroom,3 Bath Home Displays A Warm Color Scheme That Will Immediately Put You Into Relaxation Mode. Sitting Amidst A Collection Of Seaside Cottages,This Delightful Home Represents The Quintessential Comforts Of Carefree Coastal Living. No Flood Worries,Because It Sits At 16.8' Elevation!,This Fabulous Cottage Boasts Many Quality Upgrades,With A Soaring Vaulted Ceiling In The Great Room,Hand-milled Hickory Cabinets,Corian Countertops,Stainless Appliances,And A First Floor Master. The Floorplan Is Thoughtfully Designed,With A Generous Living Area And Kitchen Combo For Plentiful Entertaining,Split Bedrooms On The First Floor,And A Second Floor Bonus/Bedroom With Private Bath,Ensuring Privacy For You And Your Guests. The Two Car Garage Is Accessible From The Paved Alleyway Behind. For Easy Beach-side Living,Enjoy Ceramic Tile And Pecan Flooring,Newer Metal Roof,Dual A/C Units And Very Little To No Lawn Maintenance. Sea Colony Is A Casual,Yet Sophisticated Neighborhood,With A Location Like No Other. Located East Of A1a,And Only A Few Miles From Downtown St. Augustine,The Gated Community Offers 24-hour Guarded Security,4 Private Beach Walkovers,A Casual Clubhouse/Cabana And Sparkling Community Pool. The manager has listed the unit size as 2075 square feet.
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| Apr 8, 2018 | Listed by WATSON REALTY CORP | $605,000 | |
| Listed by WATSON REALTY CORP | |||
| Oct 25, 2012 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017