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511 PORPOISE POINT DRIVE
About This Property
This spacious home features a bright and open floor plan designed for both comfortable everyday living and effortless entertaining. Large windows fill the interior with natural light, while thoughtfully designed living spaces create a warm and inviting atmosphere throughout.
The kitchen serves as the heart of the home, with high end appliances, luxury cabinetry and marble countertops, and a seamless flow into the main living and dining areas. Whether hosting guests or enjoying a quiet evening, this layout offers versatility for any lifestyle.
Step outside to enjoy the serene surroundings, where mature landscaping and coastal breezes provide a peaceful retreat. The property offers plenty of outdoor space to relax, entertain, or simply take in the beauty of the natural environment.
Whether you're searching for a primary residence, vacation home, or investment opportunity, this property presents a rare chance to own a piece of Florida's coastal charm in one of the area's most desirable neighborhoods.
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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 |
|---|---|---|---|
| Sep 12, 2026 | Price Decreased |
$1,599,000
↓ $196K
(10.9%) | |
| Price Decreased | |||
| Jul 19, 2026 | Price Decreased |
$1,795,000
↓ $95K
(5%) | |
| Price Decreased | |||
| Jun 12, 2026 | Price Increased |
$1,890,000
↑ $100K
(5.6%) | |
| Price Increased | |||
| Jun 11, 2026 | Price Decreased |
$1,790,000
↓ $210K
(10.5%) | |
| Price Decreased | |||
| May 18, 2026 | Price Decreased |
$1,999,999
↓ $300K
(13%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Price/ft²
Listed On
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About Villano Beach
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,850 /mo
- 2 Beds
- 2 Baths
- 1,250 ft²
$4,995 /mo
- 4 Beds
- 3 Baths
- 2,142 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017