51
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474 NE 3rd Street
About This Property
Casa Catele's exterior features a timeless coastal design while the interior leans modern. Large format imported Italian porcelain tile is used throughout the first floor along with large plank light oak flooring on the first and entire second floor. Located on the first floor, the primary suite has a huge walk-in closet off the beautiful bathroom with a free-standing tub and two water closets. You'll find 4 more bedrooms with en-suite bathrooms on the second floor along with the home theater. Each one is uniquely styled with custom vanities, closets, wallpaper, etc. Hunter Douglas Shades are found throughout the home. The kitchen is a chef's dream! In addition to an 11ft island, the kitchen features a Sub-Zero built-in/paneled refrigerator and freezer, Dual fuel Wolf range with 2 ovens/6 burners and flat top, vented Wolf hood wrapped in stunning porcelain, Wolf microwave, 2 Miele knock-to-open dishwashers, built-in Miele coffee maker, and built-in U-line beverage refrigerator. The cabinetry is a mix of walnut with white upper cabinets surrounding the stunning stone-wrapped hood. There is a walk-in butler's pantry with plenty of storage including an Electrolux Washer and Dryer. A second washer/dryer is located on the second floor. Finally, there is a beautiful wine room with storage for over 200 bottles of wine. The backyard is primed for outdoor entertaining featuring a salt pool with artificial turf for easy maintenance along with lush landscaping creating a private oasis. At night the home glows with pin lights and landscape lighting allowing for easy outdoor entertaining. You must see this home to believe it. Available furnished. By appointment only.
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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 |
|---|---|---|---|
| Aug 19, 2024 | Sold | ||
| Sold | |||
| May 2, 2024 | Listed by Coldwell Banker | $5,850,000 | |
| Listed by Coldwell Banker | |||
| Oct 14, 2018 | No longer available | - | |
| No longer available | |||
| Oct 4, 2018 | Listed | $825,000 | |
| Listed | |||
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This home is on one of the best streets in the highly desirable Golden Triangle. You can walk to anything and everything from this location. Seconds to Mizner Park and minutes to the beach. The lot is 75 ft x 136 ft and is perfectly suited for building your dream home (preliminary builders plans available!). The manager has listed the unit size as 1407 square feet.
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| Jun 12, 2018 | Sold | ||
| Sold | |||
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About Ocean Heights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017