3880 Rum Row
About This Property
This home, truly beyond compare, is a masterpiece of design and craftsmanship, with nearly 8,500 square feet of living space. The expansive floor plan includes 5 bedrooms, plus a study, and a luxurious upstairs VIP suite, as well as 6 full bathrooms and 2 half baths. The property is designed for both grand entertaining and intimate living with a resort-like pool area featuring a swim-up bar, fire features, and custom Tuuci umbrellas. Every detail of this residence has been carefully considered, with no expense spared. A new 40-foot concrete floating dock provides convenient and quick Gulf access, completing this exceptional outdoor living space. The home features full concrete construction, limestone cladding, a slate roof with copper gutters, bespoke cabinetry, and Legno Bastone Lancaster wood flooring. Hand-selected natural stones elevate both inside and outside, while luxury Poliform Italian-made closets add sophistication to the bedroom suites. The home is equipped with the latest in technology, including a Lutron Homeworks system, Sonos sound, security, and automated screens and shutters. Additional highlights include a service kitchen, wine wall, infinity-edge pool, built-in fire pit, and a Renson motorized trellis. With 3 air-conditioned garages and every modern convenience integrated seamlessly into the design, this residence offers the ultimate in luxury waterfront living.This is a rare opportunity to acquire a truly exceptional property in one of the most sought-after locations in Port Royal. This home represents the pinnacle of luxury living, and is an opportunity not to be missed.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 7, 2025 | Sold | ||
| Sold | |||
| Feb 26, 2025 | In contract | - | |
| In contract | |||
| Dec 28, 2024 | Listed by William Raveis Real Estate | $35,995,000 | |
| Listed by William Raveis Real Estate | |||
| Oct 5, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Jan 6, 2023 | Listed by William Raveis Real Estate | $34,995,000 | |
| Listed by William Raveis Real Estate | |||
| | |||
|
VIV Homes alongside Kukk Architecture have created a remarkable new construction home offering ultra-rare, commanding wide water western sunset views over Man of War Cove in Port Royal. Truly beyond compare, this residence offers a generous and open floor plan, 5 bedrooms + study including upstairs VIP, 6 full/2 half baths, nearly 8,500 square feet of living space, 3 garages, resort like pool area with fire pit and swim up bar, and a new 40’ concrete floating dock. No expense has been spared in this project which includes full concrete construction, slate roof with copper gutters, bespoke cabinetry, Legno Bastone Lancaster wood flooring, hand selected natural stones, service kitchen, wine wall, Poliform Italian made closets, Lutron Homeworks system, Sonos sound, air conditioned garages, automated screens/shutters, infinity edge pool with Tuuci umbrellas, built in fire pit, Renson motorized trellis, and the list goes on. An opportunity not to be missed. Completion expected late 2024.
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017