119 Clipper Lane
About This Property
This single-story compound 4 bedroom, 4.1 bath 3.1 car garage home will be Transitional meets Sophistication with open spaces and the finest of materials and craftsmanship, no expense will be spared. Located near the clubhouse and is situated on a desirable cul-de-sac with over 200' of golf course frontage you will enjoy countless hours overlooking the golf course from you back yard and resort style lanai & pool. Massive kitchen with 2 islands and a walk-in pantry will impress chefs of all levels. Lavish Owners Retreat is perfectly placed with it's own wing for privacy and convenience with 2 walk-in closets, dual sink bathroom vanities, in/out door shower and soaking bathtub..
NO MEMBERSHIP PURCHASE IS REQUIRED Oversized VIP guest bedroom with private bath , 2 additional guest bedrooms each with their own private baths and all overlooking pool, , glass office overlooking pool and patio, driveway courtyard and only neighbors on 1 side, There is still time to modify the floor plan, pick materials to be used and a second floor can be easily added.
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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.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 29, 2024 | Sold | ||
| Sold | |||
| Apr 11, 2024 | No longer available | - | |
| No longer available | |||
| Apr 10, 2024 | Listed by Echo Fine Properties | $8,950,000 | |
| Listed by Echo Fine Properties | |||
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An exceptional property on a premium golf course location within the world-renowned Admirals Cove. This newly built,(2024) Jim Cherry constructed single-story masterpiece boasts four bedrooms, 4.1 bathrooms, and an expansive 3-car garage with a 4th garage for your golf cart. It luxuriously blends modern and classic design elements, offering an open & modern floor plan with spacious interiors crafted with the utmost attention to quality and detail. Conveniently situated close to the front gate and the clubhouse. This property graces a highly desirable cul-de-sac, and boasts an impressive & rare 200+ feet of golf course frontage. The stunning courtyard entry leads to your oversized living room. The entire home features soaring ceilings, a Lutron lighting system, plus designer-picked porcelain flooring throughout. The chef's kitchen is a culinary masterpiece, overlooking the family room and featuring a generous layout with center island, a Wolf range plus a Sub-Zero Pro 48 refrigerator and freezer, and a walk-in pantry that will captivate chefs of all skill levels. The opulent owner's retreat enjoys its own private wing, ensuring privacy & convenience and offering sweeping pool & golf course views. It encompasses two spacious custom walk-in closets with custom vanities, dual vanities in the bathroom, and a luxurious soaking bathtub. There's also a spa-like outside shower located just outside the suite for a true resort-style experience. Additionally, the property features a generously sized VIP guest bedroom with a private bath, along with two more guest bedrooms, each also equipped with their private baths. 3 guest bedrooms offer enchanting views of the pool and sliding-door access to the deck. This incredible residence also includes a glass-enclosed office that provides stunning vistas of the pool, golf course and patio area. A driveway courtyard, with only one adjacent neighbor for total privacy. This tranquil and luxurious retreat affords you countless hours of relaxation, gazing over the golf course from your backyard, as well as enjoying the resort-style lanai and pool area, with luxurious upgrades including hurricane screens that disappear into the wall .Stunning western sunsets. Over 600,000 in Builder Upgrades. Lastly, no mandatory membership purchase is required.
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| Apr 2, 2024 | Price Decreased |
$9,494,980
↓ $10
(0%) | |
| Price Decreased | |||
| Mar 1, 2024 | Price Decreased |
$9,494,990
↓ $10
(0%) | |
| Price Decreased | |||
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About Admiral's Cove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017