930 S Ocean Boulevard
About This Property
" 4,691 ac square feet / 6,304 total square feet
" 5 Bedrooms / 6.1 Baths
" Renovated coastal exterior
" Decorative brick driveway and manicured landscape
" Front walkway to courtyard and double glass door entryway
" Open floor plan with volume ceilings and abundant natural light
" Formal living room with fireplace and floor-to-ceiling windows overlooking the pool and grounds
" Formal dining room and easy access to kitchen
" Gourmet kitchen with top-of-the-line appliances, granite countertops, large island with snack seating and breakfast nook
" Family room with impressive wet bar and French doors leading to the pool, patio and covered loggia with outdoor dining and grill
" Dramatic split stairway and powder room off living areas
" First floor master wing with hardwood floors, French doors to the poolside patio and opulent master bath featuring dual vanities, dual water closets, dual walk-in closets, linen closet, and custom walk-in glass shower and soaking tub overlooking a private garden
" First floor office or bedroom with full bath and private entrance off courtyard
" Second floor with sitting area at top of landing and three additional en suite guest rooms
" Large balcony and ladder to roof-top observation deck
" Spacious, fenced and private backyard with north and south gates
" Salt-water with spa, waterfall feature, new pool heater with warranty, and new hand-held mobile control system
" Covered loggia with room for outdoor dining, full cabana bath and summer kitchen with grill, prep counter and bar seating
" French doors with phantom screens open to the large open terrace and pool area
" Service hallway from kitchen to laundry room and three-car garage
" Recent renovations and improvements during 2018/2019 include new exterior surface and painting throughout with new custom metal railings and decorative metal shutters; exterior wood ceilings stained; new roof; epoxy floor in garage; new landscape with custom outdoor lighting; new metal fencing with gate entry on north and south side of property; and resurfaced pool
" Amenities include three-zone air-conditioning system with new a/c compressor; central vacuum; hardwood floors; phantom screens on all French doors; dramatic 32" tile floors; crown molding; volume and tray ceilings; wired sound system in living room, covered loggia and master suite; security system; tankless water heater; automatic zoned sprinkler system; and termite treatment with annual guarantee that can be maintained by new owner
This private coastal estate offers everything you need to enjoy South Florida's luxury living.
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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.
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About Seagate
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017