816 OCEAN FRONT
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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 |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| May 28, 2025 | In contract | - | |
| In contract | |||
| May 22, 2025 | Listed by RE/MAX SPECIALISTS PV | $5,500,000 | |
| Listed by RE/MAX SPECIALISTS PV | |||
| Apr 2, 2024 | Sold | ||
| Sold | |||
| Mar 28, 2024 | Listed by WATSON REALTY CORP | $4,295,000 | |
| Listed by WATSON REALTY CORP | |||
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This Neptune Beach jewel is arguably one of the most enchanting oceanfront properties on the North Florida coast! Highly sought-after local architect put his magic to work preserving the 1930 era bungalow while masterfully incorporating modern elements which include a magnificent kitchen with panoramic ocean views and a divine guest cottage. End result...a spellbinding coastal abode!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017