12777 Pelican Boulevard
About This Property
And what Castle wouldn't be complete without a moat? Or in this case, about 45 yds of Canal Waterfront, completely Bulkheaded with a 3 slip Dock; motorized PWC lift, motorized boat lift with covers. An extremely well built home with views of the open water. A very rare find!
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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%.
How much can I actually make?
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 |
|---|---|---|---|
| Jun 9, 2023 | Sold | ||
| Sold | |||
| Apr 20, 2023 | Listed by Synergy Real Estate | $1,095,000 | |
| Listed by Synergy Real Estate | |||
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Nestled in the pristine, gated community of Pelican Bay, this waterfront home is a true masterpiece of luxury living. From the moment you enter the grand foyer, you'll be enveloped by the sophisticated ambiance of this stunning estate. Soaring ceilings, towering windows, sweeping spiral staircase, and rich hardwood flooring provide a sense of grandeur and elegance. The gourmet chef's kitchen features top-of-the-line stainless steel appliances, custom cabinetry, and a large center island. The formal dining room is perfect for hosting dinner soirees, while the cozy breakfast nook and sunroom are perfect for morning coffee overlooking the lake. The primary suite is a serene retreat, complete with a spa-like ensuite bath and exterior access with a view of both sunrise and sunset. Entertaining is effortless, with multiple living areas, a custom-designed wine nook, private theater room, game room with a wet bar, and a outdoor oasis featuring an impressive pool, hot tub, and covered patio.
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| Sep 28, 2020 | Sold | ||
| Sold | |||
| Jul 4, 2020 | Listed by Leaping Cat Homes | $824,900 | |
| Listed by Leaping Cat Homes | |||
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If Your home is your Castle, why not make this one yours! Custom built home with too many features to mention them all; Whole house audio, Home Theater, Gameroom, Workout room. A grand Dining room that will entertain your guests in style, and stunning back yard views. The large laundry room also has a second Dishwasher & Sink with disposal, for entertaining ease; while the Tandem Garage has plenty of room for your workshop or toys.
And what Castle wouldn't be complete without a moat? Or in this case, about 45 yds of Canal Waterfront, completely Bulkheaded with a 3 slip Dock; motorized PWC lift, motorized boat lift with covers. An extremely well built home with views of the open water. A very rare find!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017