81
Map
176 Spyglass Lane
About This Property
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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 |
|---|---|---|---|
| Oct 29, 2026 | Sold | ||
| Sold | |||
| Oct 27, 2026 | Listed by Waterfront Properties & Club C | $34,500,000 | |
| Listed by Waterfront Properties & Club C | |||
| Aug 19, 2025 | Listed | $42,500,000 | |
| Listed | |||
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Introducing the Ultimate Trophy Property in Admirals Cove—an architectural triumph nestled within one of Jupiter's most exclusive waterfront communities. Originally completed in 2016, this estate has just undergone a transformative $12 million+ renovation and expansion, finalized in 2023. The result is a residence that redefines luxury, offering a lifestyle of coastal elegance that simply cannot be replicated. Due to its scale and location, this estate could never be built again under current zoning laws, making it a truly irreplaceable opportunity. Priced below its 2024 appraised value and a staggering $40 million under today's replacement cost—which exceeds $85 million—this offering is as rare as it is remarkable.
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| Nov 5, 2024 | Price Decreased |
$45,000,000
↓ $4M
(8.2%) | |
| Price Decreased | |||
| Jun 25, 2024 | Listed | $49,000,000 | |
| Listed | |||
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Ultimate Trophy Property in Admirals Cove. Nestled within the exclusive Admirals Cove community, the home originally completed in 2016 has just undergone a $12 million+ total remodel and addition, completed in 2023. This magnificent trophy property offers unparalleled luxury and coastal living. This amazing estate can never be built again in Jupiter due to its size. Priced $9 million below 2024 appraised value and $40 million below replacement cost, which today would be in excess of $85 million. This offering provides a truly unique opportunity that literally can't be recreated today at any cost. This property spans nearly 1.5 acres of prime, protected waterfront with 365 feet of Intracoastal waterfrontage and can accommodate a Mega Yacht, with views of the Waterway and beyond.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017