46 N Charles Street
About This Property
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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 |
|---|---|---|---|
| Oct 28, 2025 | Price Decreased |
$4,250,000
↓ $110K
(2.5%) | |
| Price Decreased | |||
| Jun 22, 2025 | Price Decreased |
$4,360,000
↓ $10K
(0.2%) | |
| Price Decreased | |||
| Apr 25, 2025 | Price Decreased |
$4,370,000
↓ $5K
(0.1%) | |
| Price Decreased | |||
| Mar 30, 2025 | Price Decreased |
$4,375,000
↓ $25K
(0.6%) | |
| Price Decreased | |||
| Jan 15, 2025 | Listed | $4,400,000 | |
| Listed | |||
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Enviably positioned in the heart of Alys Beach, this architectural masterpiece by Steve Mouzon delivers the sophistication the town is known for, paired with true peace and privacy. Centered around a serene courtyard, the home's layout creates a private sanctuary designed for effortless indoor-outdoor living.
A glass entry opens into the eat-in kitchen and expansive living area, grounded by cool Dominican stone floors. The gourmet kitchen is outfitted with Thermador appliances, custom red gum hardwood cabinetry, a dedicated coffee station, and a limestone-topped island ideal for gathering. The dining area seats six beneath a vaulted 12-foot ceiling and chandelier, flowing seamlessly into the sitting room with its cozy fireplace and abundant natural light.
Upstairs, a landing doubles as an office or reading retreat overlooking the courtyard. Two guest suites offer polished pecky cypress flooring, generous dressing rooms, and spa-like baths with earthen-stone vanities.
The primary suite stands in its own private wing with exclusive courtyard access. Curved arches, mosaic tile details, and a two-way gas fireplace join the bedroom and bath in a resort-like ambiance. The bath features stone finishes, pebble insets, twin vessel vanities, and a sculptural garden tub. French doors open to the courtyard's soothing water feature and outdoor showerperfect after a beach day.
Designed for alfresco living, the courtyard includes a full outdoor kitchen and cushioned lounge areas in sun or shade. The home also offers new A/C, fresh exterior paint, custom lighting, new furnishings, and parking for two.
Outside your door, owners enjoy access to the private beach club, iconic Caliza pool, Zuma Wellness Center, parks, green spaces, and the restaurants and shops along Scenic 30Aall just a bike ride away.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017