Prestigious Sailfish Point residence, spanning 7,600 sf, was taken
down to studs & fully renovated in 2017, w additional updates
completed in 2021. New Roof, Pool Heater & Spa Heater 2025. 4
bedrooms, 4.1 bathrooms, & a 3-car air-conditioned garage, this
stunning pool home offers luxurious living at its finest. Main
suite includes 2 spacious walk-in closets, one equipped w a washer
& dryer, a private sitting room, a steam shower, & a soaking tub.
An additional washer & dryer are located in the utility room. The
gourmet kitchen is a chef's dream, complete w Wolf appliances, a
Miele built-in coffee maker, & side-by-side Sub-Zero refrigerator &
freezer. Notable features - 3 fireplaces, soaring ceilings, a wine
room w a 240-bottle cooler, impact windows & doors & a heated pool
& spa. Sailfish Point's resort lifestyle includes an oceanfront
country club, fine dining, Har-Tru tennis courts, Jack Nicklaus
golf, a fitness center, spa, helipad, 1.5 miles of beaches, & 24/7
guarded security.
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.
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