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100 Cape Florida Dr
About This Property
Clean architectural lines, an internal garden courtyard, and generous covered terraces fill the residence with natural light and create a seamless connection to the surrounding water and landscape. This elevated home offers 4 bedrooms plus staff quarters, 5 bathrooms, and 4 half-baths within 8,240 sqft of living space on a 16,500-sqft lot.
Architectural tray ceilings, refined millwork, custom wall paneling, and thoughtfully designed built-ins with abundant storage add depth and craftsmanship while maintaining a light, contemporary coastal aesthetic. Formal living and dining rooms with elegant millwork provide an ideal setting for entertaining. The kitchen is appointed with Calacatta Gold marble countertops, gas cooking, Sub-Zero and Viking appliances, and a butler's pantry. Additional highlights include 2 family rooms, fitness center with water views, 2 garages accommodating 7+ cars/golf carts, temperature-controlled wine cellar for 1,400+ bottles, elevator, retractable screen doors, generator and saltwater heated pool.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017