115 Regatta Drive
About This Property
This magnificent property offers privacy as well as unobstructed panoramic wide water views from almost every room! It has 5 bedrooms, 5 full and 2 half baths and provides over 6500 sq ft of indoor living space and over 8850 sq ft of total living space with multiple garages. Extraordinary attention to detail throughout including 2 story glass entry foyer, high ceilings, floor to ceiling windows and doors, an entertainers dream kitchen w/ oversized island, walk in pantry and high end appliances. The living, dining and family room spaces are perfect for entertaining family and friends. Completion is 4th Q of 2024. Enjoy working from the stylish glass office with outdoor views.
The first floor Owner's Retreat is spacious w/a sumptuous well appointed bath, his & her walk in closets as well as a serene spa like outdoor shower retreat. The floating staircase or elevator transport you upstairs to a fabulous loft area with wet bar and 4 additional en suite bedrooms including a VIP suite. A huge wrap around balcony on the entire second floor provides incredible expansive water views. Enjoy the spacious lanai w outdoor kitchen, resort like pool with spa and private dock. This home has it all. You still have time to make selections and modifications.
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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 |
|---|---|---|---|
| Nov 30, 2023 | No longer available | - | |
| No longer available | |||
| Nov 30, 2023 | Sold | ||
| Sold | |||
| Nov 14, 2023 | Listed by Waterfront Properties & Club C | $13,500,000 | |
| Listed by Waterfront Properties & Club C | |||
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Custom waterfront Coastal Contemporary residence in coveted Admirals Cove community offering incredible wide water views & a rare social membership. This magnificent property offers plenty of privacy as well as unobstructed panoramic wide water views from almost every room! This home features 5 bedrooms, 5 full baths, 2 half baths & provides over 6500 sq ft of indoor living space along w/ over 8850 sq ft of total living space w/ multiple garages. Extraordinary attention to detail throughout including the 2 story glass entry foyer, high ceilings, floor-to-ceiling windows & doors, an entertainer’s dream kitchen w/ oversized island, walk-in pantry & high-end appliances. The living, dining & family room spaces are perfect for entertaining family & friends. Completion is 4th Q of 2024. The manager has listed the unit size as 2771 square feet.
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| Oct 16, 2023 | Listed by Waterfront Properties & Club C | $13,500,000 | |
| Listed by Waterfront Properties & Club C | |||
| Sep 21, 2023 | Sold | ||
| Sold | |||
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About Admiral's Cove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017