3718 CARROLL DRIVE
About This Property
Step inside to discover a freshly painted, light-filled primary suite featuring a show-stopping, down-to-the-studs primary bathroom remodel (2026). This spa-like retreat is meticulously appointed with honed marble walls, a custom Mouser Quarter Sawn White Oak vanity, sleek quartz countertops, a Rejuvenation medicine cabinet, and luxury Rohl and Kohler polished nickel fixtures, all illuminated by a Visual Comfort triple light fixture. The seamless flow continues into the sunroom, upgraded with fresh carpet and custom blinds, complete with its own dedicated mini-split AC unit for year-round comfort.
The major capital improvements offer ultimate mechanical security: a new whole-house AC unit and a dedicated sunroom mini-split (2025), a new hot water heater (2025), and an advanced whole-house Reverse Osmosis and UV Light water filtration system (2022).
Outside, the exterior has been completely reimagined for luxury coastal living. Say goodbye to maintenance worries with brand-new, durable Hardie Board Shake siding, insulated plywood backing, structural window framing, and a beautiful new TimberTech composite deck (2024). Entertain effortlessly on the newly added screened-in porch, complete with built-in deck storage and elegant Visual Comfort exterior lighting. The outdoor aesthetics are tied together by a masterfully executed hardscape and landscape design by the renowned Homestead Gardens (2026), boasting a stunning cobble walkway, a brand-new driveway, stacked stone walls, extensive perimeter drainage, a private cedar privacy fence, a Walpole Marston trellis, and lush new foundation plantings.
Steps from the community beaches, park and pier, this home and location is the perfect balance for a vibrant island lifestyle and a boaters dream location! Don't miss your chance to own a truly flawless piece of Turkey Point Island!
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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 |
|---|---|---|---|
| Oct 17, 2026 | In contract | - | |
| In contract | |||
| Oct 14, 2026 | Listed by Coldwell Banker Realty | $699,000 | |
| Listed by Coldwell Banker Realty | |||
| Oct 5, 2022 | Sold | ||
| Sold | |||
| Oct 4, 2022 | No longer available | - | |
| No longer available | |||
| Aug 31, 2022 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017