3829 CATANIA Place
About This Property
Inside, the living room's hardwood floors, plantation shutters, and a vaulted coffered ceiling with elegant wood trim define sophistication. The adjoining dining area, with its own courtyard access, offers an unparalleled ambiance for hosting. The chef's kitchen boasts custom Welborn cabinetry, GE Profile appliances, and quartzite countertops, anchored by a center island with a Kinetico K5 water system.
The luxury extends to the private owner's suite, featuring plush wood flooring and an en suite bath with a lavish soaking tub, separate glass shower, and dual granite vanities. The home's baths mirror the Mediterranean influence, showcasing upgraded finishes and Toto fixtures.
An extraordinary center courtyard acts as the heart of the home, complete with a 60-inch outdoor fireplace, gourmet grilling station, and multiple access points that promise seamless entertaining beneath the LED-lit nightscape.
Palermo's community amenities: gated access, pool, covered lanai, workout/fitness rooms, private meeting rooms, and pavilion with summer kitchens. The Palermo community offers peace of mind and an exclusive lifestyle for its residents with low bi-annual HOA fees and NO CDD fees! Your future luxury home awaits!
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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%.
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 5, 2025 | Sold | ||
| Sold | |||
| Jan 20, 2025 | In contract | - | |
| In contract | |||
| Nov 27, 2024 | Listed by NAVY TO NAVY HOMES LLC | $850,000 | |
| Listed by NAVY TO NAVY HOMES LLC | |||
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The Most Affordably Priced Home in Palermo!
Discover luxury living in this stunning Tuscan-style retreat, nestled in the exclusive gated community of Palermo. Ideally located just off Hodges Boulevard and minutes from the beach, this home offers elegance, comfort, and a serene escape from the everyday.
Step inside to find beautifully crafted spaces, including a spacious living room with hardwood floors, plantation shutters, and a vaulted coffered ceiling with rich wood accents. The adjacent dining room opens directly to a central courtyard, creating a seamless flow for entertaining.
The chef's kitchen is a standout, featuring custom Welborn cabinetry, quartzite countertops, GE Profile appliances, and a large center island equipped with a premium Kinetico K5 water system.
Relax in the luxurious owner's suite, complete with wood flooring, a spa-like en suite bath with a soaking tub, a glass-enclosed shower, and dual granite vanities. Upgraded finishes and Toto fixtures enhance the home's baths, adding a touch of Mediterranean charm.
The centerpiece of this home is the extraordinary courtyard oasis. Featuring a 60-inch outdoor fireplace, gourmet grilling station, and LED-lit ambiance, this private space is perfect for gatherings or quiet evenings under the stars.
Living in Palermo comes with access to exclusive amenities, including a community pool, covered lanai, fitness center, private meeting rooms, and a pavilion with summer kitchens. Enjoy low bi-annual HOA fees and no CDD fees, making this home not only luxurious but also practical.
Your luxury home awaitsschedule your private showing today and experience the finest in Palermo living!
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| Oct 25, 2024 | No longer available | - | |
| No longer available | |||
| Jul 24, 2024 | Price Decreased |
$850,000
↓ $25K
(2.9%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017