A thoughtfully designed waterfront residence created for
comfortable everyday living and memorable entertaining. This
like-new home offers 4 bedrooms plus a den, 3 full bathrooms, and a
half bath, with a functional and flexible layout that easily adapts
to a variety of lifestyles. The outdoor living space is a true
highlight, featuring an infinity-edge lap pool, expansive composite
decking, and a spacious covered lanai designed for year-round
enjoyment. The fully equipped outdoor kitchen includes a Wolf
grill, beverage refrigerator, and ice maker, while the adjacent den
opens with sliding glass doors on two sides, creating an ideal
space for relaxing or hosting guests. Boating enthusiasts will
appreciate the private dock with a 14,000-lb lift and dedicated
gear storage, making access to the water easy. Inside, the home is
clean, refined, and filled with natural light, enhanced by an
abundance of transom windows throughout. The kitchen is outfitted
with Sub-Zero and Wolf appliances along with a wine refrigerator,
and upgrades such as motorized shades add everyday convenience and
comfort to the living spaces. The den offers flexibility as an
additional living area, clubroom, or private office. Additional
features include a 3-car garage with organized fishing gear closet,
a fully decked attic for extra storage, and a portable generator.
With direct Gulf access and no bridges, this property is ideal for
boaters who want the convenience of being just minutes from the
restaurants, shops, and vibrant lifestyle of downtown.
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.
By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from realtor.com and others about your inquiry and other home-related matters, but not as a condition of purchase (More...)California Privacy Notice
By submitting your information, you agree RealtyHop can share your information with its network of real estate &
mortgage professionals (or through their agents) and consent to receive marketing emails, calls, & texts related
to your inquiry (including via automatic telephone dialing system, or artificial or pre-recorded voice technology)
from Movoto or their affiliates to the email address or number you provided.
By proceeding, you agree to our Terms of Service. California Privacy Notice
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017