179 Regatta Drive
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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 |
|---|---|---|---|
| Feb 14, 2025 | Listed | $6,600,000 | |
| Listed | |||
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This stunning property, nestled in the prestigious Admirals Cove community, epitomizes modern luxury with its clean lines and sophisticated flair. Recently updated, this home boasts a contemporary design that seamlessly blends elegance and comfort. Step inside to discover an open-concept living space flooded with natural light, highlighting the sleek finishes and high-end fixtures throughout. The gourmet kitchen, equipped with state-of-the-art appliances and a spacious island, is perfect for both casual dining and entertaining guests. The expansive living area features floor-to-ceiling windows, offering breathtaking water views and direct access to the Atlantic Ocean. Imagine waking up to the serene sight of the water every morning and enjoying your coffee on the private patio.
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| Dec 31, 2020 | Sold | ||
| Sold | |||
| Nov 4, 2020 | No longer available | - | |
| No longer available | |||
| Nov 3, 2020 | Listed by Admirals Cove Realty Co Inc | $1,290,000 | |
| Listed by Admirals Cove Realty Co Inc | |||
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Luxuriate in your private oasis on the water. Enjoy expansive water views from this spacious 3 bedroom 3 bath villa with an open floor plan, volume ceilings, skylights, and lots of light. Immaculate condition, so move right in and start enjoying the winter in paradise. 3rd bedroom/office has a Murphy bed. Wonderful outdoor living includes a 30' screened patio, pool with beautiful water views, lush landscaping that is a gardener's delight, 2 docks with sundeck, ocean access, and no fixed bridges. 32,000 lb boat lift. The roof and skylights were replaced in 2014. Required golf membership purchase conveys all the first-class amenities of Admirals Cove including two spectacular clubhouses, 45 holes of golf, 5 restaurants, 58 slip marina with floating docks, Yacht Club... 11 har tru tennis courts, 5 pickleball courts, state of the art fitness, 21,000 sq ft brand new spa & salon, Covesters kids club and Platinum service.
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| Oct 31, 2020 | Price Decreased |
$1,394,990
↓ $10
(0%) | |
| Price Decreased | |||
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About Admiral's Cove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017