11991 SE Tiffany Way
About This Property
With over 4,700 sqft of living space, this home is perfect for entertaining with its open floor plan and includes a new standing seamless metal roof 2020, 2 new central HVAC units installed with UV lights, and new mold resistant ductwork. This property also features a multi-stage, whole house filtration system with an additional Reverse Osmosis system in the kitchen.
The dock pilings were reinforced with concrete, the decking has been replaced, the lift is rated for 24,000 lbs and sits across from the jet ski lift and the extra yacht slip.
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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 |
|---|---|---|---|
| Jan 31, 2025 | Sold | ||
| Sold | |||
| Dec 4, 2024 | In contract | - | |
| In contract | |||
| Nov 17, 2024 | Relisted | $5,900,000 | |
| Relisted | |||
| Nov 10, 2024 | In contract | - | |
| In contract | |||
| Nov 5, 2024 | Listed by Lighthouse Realty Group, Inc | $5,900,000 | |
| Listed by Lighthouse Realty Group, Inc | |||
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Welcome to 11991 SE Tiffany Way, a boater's paradise! Enjoy 100 ft of waterfront and a 15-minute ride to the Jupiter Inlet with no fixed bridges and beautiful crystal clear blue water. With over 4,700 sqft of living space, this home is perfect for entertaining with its open floor plan and includes a new standing seamless metal roof 2020, 2 new central HVAC units installed with UV lights, and new mold resistant ductwork. This property also features a multi-stage, whole house filtration system with an additional Reverse Osmosis system in the kitchen. The dock pilings were reinforced with concrete, the decking has been replaced, the lift is rated for 24,000 lbs and sits across from the jet ski lift and the extra yacht slip.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017