140 N Charles Street
About This Property
This stunning Tom Christ design boasts 6 bedrooms and 7.5 bathrooms, providing ample space for both relaxation and entertainment. The expansive first floor has a master suite, multiple living rooms that look out to the covered loggia and courtyard beyond, a pool house with 2 guest suite bedrooms, a professionally outfitted kitchen with Calcutta gold marble and beamed ceilings, a private breakfast courtyard off the kitchen, and a large 2 car garage. The dramatic spiraled staircase leads to the private master bedroom suite which spans the entire southern wing of the second floor while the eastern wing is comprised of 2 guest suite bedrooms and a trellised rooftop terrace. An additional and separate rooftop terrace offers an outdoor dining area, fire place and hot tub.Very rare opportunity to own this one-of-a-kind property in Alys Beach.
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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 |
|---|---|---|---|
| Mar 4, 2026 | Sold | ||
| Sold | |||
| Feb 2, 2025 | Listed by Alys Beach Properties Llc | $9,995,000 | |
| Listed by Alys Beach Properties Llc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017