914 S Ocean Boulevard
About This Property
Additional elevated amenities include an epicurean kitchen with the finest custom cabinets and top shelf appliances while the adjacent family room functions as the social hub of the house and is sure to please the most discerning chef. The sumptuous ground floor owners' suite complete with spa like bath, and, large walk in closets make for the perfect retreat. Further, the home features a cozy den/office and 3 bright and spacious guest suites on the second floor. For family and friends, the outdoors is enhanced with a spacious covered loggia to gather and enjoy the sunny Florida lifestyle. Peace and tranquility enfold this amazing home, yet, you are only moments to the beach, and a cornucopia of fine restaurants, boutiques, and lively entertainment along famed Atlantic Avenue.
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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%.
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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 4, 2022 | Sold | ||
| Sold | |||
| Nov 20, 2020 | Listed by The Corcoran Group | $5,495,000 | |
| Listed by The Corcoran Group | |||
| Nov 19, 2020 | No longer available | - | |
| No longer available | |||
| Aug 27, 2020 | Price Increased |
$5,495,000
↑ $200K
(3.8%) | |
| Price Increased | |||
| May 14, 2020 | Listed | $5,295,000 | |
| Listed | |||
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New contemporary single family home to be built across from the Ocean in Delray Beach. Seaside Builders and Richard Jones have once againworked together to design this ultra-contemporary styled home that will boast dramatic architectural flair and the finest contemporary finishes. The information herein is deemed reliable and subject to errors, omissions or changes without notice. The information has been derived from architectural plans or county records.Buyer should verify all measurements. Buyer must pay Development fee of 1.5% of purchase price at closing. Buyer to pay title, documentary stamps anddevelopment fees. Builder's Warranty - Call LA for sample. Must use Builders Sales Agreement - Call LA for copy The manager has listed the unit size as 4968 square feet.
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About Seagate
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017