30
Map
3525 Fort Charles Drive
About This Property
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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 |
|---|---|---|---|
| Sep 2, 2026 | Sold | ||
| Sold | |||
| Jul 24, 2026 | In contract | - | |
| In contract | |||
| May 22, 2026 | Listed by William Raveis Real Estate | $28,000,000 | |
| Listed by William Raveis Real Estate | |||
| Sep 8, 2025 | Listed | $23,995,000 | |
| Listed | |||
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Poised on the shimmering waters of Smugglers Bay in prestigious Port Royal, this Stofft Cooney–designed West Indies-style estate is a rare jewel in today’s luxury market. Developed and sold by the esteemed VIV Homes in 2021, the residence offers nearly 8,000 square feet of impeccably maintained living space, featuring 5 bedrooms plus a dedicated study. The home feels virtually brand new and is located just moments from the exclusive Port Royal Beach Club on Fort Charles Drive. Showcasing an unrivaled fusion of craftsmanship, design, and panoramic views, every detail of this residence reflects quality and sophistication. Highlights include full concrete construction, Legno Bastone wide-plank wood flooring, dual gourmet and service kitchens with bespoke cabinetry and Cristallo Prime countertops, a built-in wine wall, and premium finishes throughout. The expansive open-concept layout seamlessly connects interior and exterior living, perfect for entertaining. The outdoor space is a true retreat, complete with a resort-style pool and spa with sun shelf, a fireplace, waterside fire pit, fully remastered
landscape in 2025, and automated roll-down screens and shutters. Substantial fixed and floating dockage accommodates lift access, power, water, and seating—ideal for boating enthusiasts. This extraordinary property offers immediate Port Royal Club eligibility and represents a flawless blend of luxury, location, and lifestyle. Every element has been meticulously considered to deliver a living experience of the highest caliber.
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| Aug 29, 2025 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017