216 Tahitian Way
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%.
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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.
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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 |
|---|---|---|---|
| Aug 8, 2025 | Sold | ||
| Sold | |||
| Jul 9, 2025 | In contract | - | |
| In contract | |||
| Jun 4, 2025 | Listed by Coldwell Banker Realty | $950,000 | |
| Listed by Coldwell Banker Realty | |||
| Apr 7, 2014 | Sold | ||
| Sold | |||
| Jan 2, 2014 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $449,000 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
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An inviting atmosphere welcomes you to this upscale furnished Beach House with 2 Master Suites, Guest bedroom and 4th bedroom/Bonus room. Each room has been delightfully decorated for family and guests to relax and enjoy. The open living area is perfect for entertaining family & guests. It is spacious & tastefully decorated with plenty of seating areas. The designer kitchen has Stainless Steel kitchen appliances, deep double sink, granite countertops with glass tile backsplash, custom cabinets & a pantry. A long granite bar with pendant lights and barstools offer additional seating. The large dining area, with 10' ceilings, travertine floors, has a table that seats 8 or more. A large chandelier and 3 windows keep the dining area bright. A 1st floor Master Suite with hickory floors, has an ensuite bath with Travertine floors, Travertine walk-in-shower with glass doors, and a Custom Vanity with granite countertop and Vessel sink. A half bath, with pedestal sink, is nearby. The larger, upstairs, Master Suite has painted Cypress Ceilings, Hickory Floors and a walk in closet. The en suite bath has Travertine floors, painted Cypress ceiling, Travertine walk in shower with frameless glass doors, a Vanity with Granite Countertop & a large freestanding Garden Tub. There's a lovely guest room, with hardwood floors, and a 4th bedroom/bonus room with bunk beds & a dresser, (but no closet), upstairs. Another Bath with travertine floors & travertine walk in shower, and custom vanity with granite countertop is upstairs. There's a laundry room with full size stackable washer/dryer and custom cabinets with granite countertops. A large covered balcony, with wood ceilings, offers space for outdoor entertaining. Attention to details include: 18''x18'' Travertine floors in living/dining areas & bathrooms; Hickory hardwood floors in all bedrooms, Hickory hardwood stairs with Travertine backboards; 7'' Baseboards, Crown Moulding, 10' ceilings downstairs, 9'' ceilings upstairs, 8' doors with oil rubbed bronze hardware; wood blinds, oil rubbed bronze plumbing fixtures in baths, frameless glass shower doors, granite counters, glass tile backsplash, ceiling fans, recessed lighting. A sound system is throughout the house and on the balcony. And to top it off this beautiful home is being offered furnished, excluding items in the Owners Closet.
The Stucco was recently painted with Elastomeric Paint in March 2014.
The Gated Community of Villages of Crystal Beach has the 2nd largest pool area, in Destin, a 35,000 square foot zero entry community pool with waterfalls, a Tiki Bar and Grill area. Relax & enjoy living or vacationing in this great community where you can walk to public beach accesses, bike/walking paths or take the complementary shuttle, during peak season. This community is convenient to shopping at Destin Commons, Silver Sands Outlet Mall & Grand Blvd restaurants & shops, Sandestin, golf, movies, Sacred Heart Hospital and the white sand beaches & Gulf. This community is located in an ''X'' flood zone and not in the Cobra Zone. Buyer to verify all room and lot dimensions. Taxes are $3014.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017