3201 NE 27th Ave
About This Property
The manager has listed the unit size as 9274 square feet.
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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.
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 |
|---|---|---|---|
| Mar 31, 2025 | Listed | $8,995,000 | |
| Listed | |||
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This stunning Mediterranean estate in Lighthouse Point offers 9,000+ sq. ft. of luxury and 100+ feet of water frontage on one of the deepest channels in the neighborhood—ideal for boaters. Upon entry, grand marble butterfly staircases impress. The home features 5 bedrooms, 6.5 bathrooms, a movie theatre, billiard's room with private bar, chef's kitchen, and resort-style saltwater pool & jacuzzi. The master wing spans over 2,000 sq. ft. with a private office. Additional amenities include a sauna, outdoor lounge, whole-house generator, and an elevator for easy access to each floor. Perfect for family living and entertaining!
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| Apr 30, 2024 | No longer available | - | |
| No longer available | |||
| Mar 27, 2024 | Price Increased |
$8,750,000
↑ $1M
(12.9%) | |
| Price Increased | |||
| Dec 16, 2023 | Price Decreased |
$7,750,000
↓ $700K
(8.3%) | |
| Price Decreased | |||
| Nov 6, 2023 | Listed | $8,450,000 | |
| Listed | |||
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MAJOR UPGRADES IN PROGRESS! PICTURES WILL BE UPDATED ONCE WORK IS COMPLETE! This Mediterranean villa spans three stories and offers 5 beds/6.5 baths, home theater, wine cellar, sauna, elevator, gas fireplaces, & a world class billiard room with bar. Chef's kitchen features a double refrigerator, 6-burner gas stove and a cooking island that flows seamlessly into the informal dining area and family room. The spacious master wing includes an office and two bathrooms. Enjoy breathtaking sunsets from a this oasis, complete with a saltwater pool, jacuzzi, two BBQ areas, a fire pit and a spacious deck. The property also provides over 100+ feet of dockage with direct ocean access. Additionally, the property is equipped with a whole-house generator to ensure your comfort and security.
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About Lighthouse Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017