69
Map
1308 POMPANO Road
About This Property
The current Owners purchased the residence from the original owners in 2010. The new Owner/Architect created a grand vision for the transformation of the residence.As you approach this completely renovated waterfront home, you are greeted by an Entry Courtyard with a peaceful rock garden and a 5ft X 12ft fountain pool. There no steps leading to the Entrance Foyer and its full height mahogany framed windows and mahogany front door.
The new design vision removed all walls in the active living areas to create a truly open floor plan ideal for entertaining both small and large groups of guests. The totally rebuilt Kitchen features custom built solid mahogany cabinets with granite counter tops and GE Profile and KitchenAid premium stainless steel appliances including a 6 burner + griddle natural gas Wolf range and two 48 bottle wine refrigerators. The curved Kitchen island with the Wolf range facing the Casual Dining Area is perfect for guests to enjoy appetizers while conversing with Owners as they prepare a gourmet dinner.
The open floor plan is accentuated by extending the 20ft high vaulted ceiling from the Living Room into the Kitchen and Casual Dining areas with the addition of laminated wood beams. The Living Room features a conversation area centered around a natural gas fireplace. Three 8ft sliding glass doors provide a panoramic view of the large patio with masonry firepit and the waterfront. The large Formal Dining/Sitting Room flows easily from the Kitchen and is accentuated by bay windows overlooking the Entry Courtyard and fountain pool and a 16ft high vaulted ceiling. The conversational seating area is centered around a propane gas fireplace and wall mounted TV. The active living areas of this home are enhanced by the use of custom finish materials including 24in square Italian travertine flooring, Architect designed custom milled solid mahogany base, door and window trim, Bose Virtual Invisible built in speakers and sound system, security system and Baldwin Wave door hardware throughout. The sleeping areas are accessed by a corridor from the Living Room. The two Guest Bedrooms are ensuite with a separate Bath Room directly connected to each bedroom which, with solid core wood doors throughout, provides complete privacy for Owners and their guests. The Master Suite includes a Library/Sitting Room with vaulted ceiling and a wonderful view of the patio and waterfront. The Master Bath is truly a Spa retreat with new porcelain floor tile, separate his and her vanities, large walk in shower, steam sauna, a double wide whirlpool spa and a second walk in closet. All bedrooms have premium carpet new in 2017.Structural upgrades include Terminix attic insulation and a new natural gas Rinnai tankless on demand water heater. Most windows have been replaced with Anderson American Craftsman Energy Star rated windows. The landscaping includes 17 mature palm trees, mature shrubs and river rock in all open areas with no grass to maintain. Enjoy the exceptional shade and privacy of your outdoor living space on the patio surrounded by palm trees and mature shrubs overlooking the canal.
Contact your realtor today for additional details and to visit this beautiful home that is ready for you to move in!
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| Feb 15, 2023 | Listed by Keller Williams Success Realty | $875,000 | |
| Listed by Keller Williams Success Realty | |||
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CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Boat owner's dream in the gated community of Bay Point! Over 90 feet on a deep water canal in Panama City Beach! This home is close to the entry of the canal making it convenient to get out to the gulf for boating, fishing and fun. This is your perfect home for waterfront living and entertaining. Your open floor plan has a family room, living room, and kitchen with premium appliances, including a natural gas range and 2 wine refrigerators, Each bedroom has a private bath and there is an additional half bath for guests. Master bedroom has a sitting area that would make a great office. Step outside onto your expansive patio to enjoy outdoor living and dining, or to cast off on your boat! Bay Point is a waterfront community with a marina, golf course, tennis and close to the beach! Brand New HVAC (Oct 2023).
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| Dec 5, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed by Keller Williams Success Realty | $549,000 | |
| Listed by Keller Williams Success Realty | |||
| Jul 29, 2017 | Listed by Keller Williams Success Realty | $579,000 | |
| Listed by Keller Williams Success Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017