108 Siesta Way
About This Property
This custom home offers warmth, well-appointed architectural detailing such as crown molding throughout, and unsurpassed quality. New AC system, UV lights on AC system, water heater, recirculation pump, Toto toilets, tropical landscaping irrigation system, washer and dryer, custom outdoor lighting, and much much more, please see detailed attachment for all upgrades. Sport Equity Membership. Enjoy Mirasol's Country Club lifestyle with full luxury spa, fitness center, 15 clay courts, 2 championship golf courses, practice range, family sports complex, year round social events, and much more. Equity purchase required.
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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.
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 |
|---|---|---|---|
| Sep 17, 2020 | Sold | ||
| Sold | |||
| Jun 24, 2020 | Listed by Illustrated Properties LLC (Co | $995,000 | |
| Listed by Illustrated Properties LLC (Co | |||
| | |||
|
This one of a kind custom upgraded home is a must see, there is nothing else like it in Mirasol. This extraordinary welcoming three bedroom, three and a half bath plus office, custom one level Malaga floor plan, with impact glass windows is situated on an over sized lot located in the desirable community of Mirasol. This property offers breathtaking expansive water views from the main living areas of the home. The custom designed gourmet kitchen offers rich, light wood custom cabinets, top of the line Thermador appliances, quartz counter tops, granite double sinks Carrera marble backsplash, built-in convection oven and microwave. The kitchen opens to the family room and breakfast nook. A well-appointed custom cabinetry entertainment center offers plenty of extra storage and warmth to this room with sweeping views of water and lush landscaping. Hardwood floors, custom crown molding and baseboards throughout this spectacular home. The study offers custom built-ins featuring a desk, bookshelves, file drawers, sitting area and wood plantation shutters. The master suite offers serene and private water views, his and hers master built-in closets, custom vanity with marble countertops, spacious seamless spa shower and relaxing freestanding roman tub, cream limestone flooring,and custom built-in linen closet. The spacious guest suites are well appointed with decorative moldings and walk-in closets. The guest baths offer custom built-in linen closets, marble and Quartz vanity tops, upgraded cabinetry, walk in showers and decorator touches throughout. Relax in the customized heated salt water pool with water features and upgraded Jandy system. The oversized yard with covered lanai offers a gourmet summer kitchen with Lynx grill. This property is equipped with impact glass. This custom home offers warmth, well-appointed architectural detailing such as crown molding throughout, and unsurpassed quality. Newly replaced AC system, UV lights on AC system, water heater, recirculation pump, Toto toilets, tropical landscaping irrigation system, washer and dryer, custom outdoor lighting, and much more, see detailed attachment for all upgrades. Sport Equity Membership required. Enjoy the lifestyle at Mirasol Country Club with two champion golf courses, state of the art practice range and facilities, 15 clay tennis courts, newfull-service spa, aquatics center with three pools, fitness center, family sports complex, newly renovated clubhouse with upscale and casual dining, walking and biking trails surround by lush landscaping, special interest clubs and year-round social events.
Please view the attached COVID document.
| |||
| May 7, 2020 | No longer available | - | |
| No longer available | |||
| Mar 11, 2020 | Price Decreased |
$1,000,000
↓ $10K
(1%) | |
| Price Decreased | |||
| Mar 8, 2020 | Price Decreased |
$1,010,000
↓ $45K
(4.3%) | |
| Price Decreased | |||
Property Highlights
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About Mirasol
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017