19
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121 Spinnaker Lane
About This Property
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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 |
|---|---|---|---|
| Sep 23, 2025 | Sold | ||
| Sold | |||
| Sep 3, 2025 | In contract | - | |
| In contract | |||
| Apr 25, 2025 | Listed | $17,990,000 | |
| Listed | |||
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Discover the best of luxury living in this custom waterfront Coastal Contemporary estate, ideally situated on the coveted Spinnaker Lane in Admirals Cove. Located on a quiet cul-de-sac just moments to the club, this property offers 100 feet of water frontage with quick access to the Intracoastal and no fixed bridges. An exceptional opportunity for boating enthusiasts. Designed for privacy and refined elegance, the home features 5 bedrooms, 5 full baths, 2 half baths, and 7,285 SF of interior living space and 9,675 total SF. Soaring ceilings, walls of glass, and meticulous attention to detail create a bright inviting atmosphere ideal for both entertaining and everyday living.
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| Apr 3, 2025 | Sold | ||
| Sold | |||
| Mar 10, 2025 | Listed | $6,000,000 | |
| Listed | |||
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This entry is for stastical purposes.
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Property Highlights
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About Admiral's Cove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017