5121 Hidden Harbor ROAD
About This Property
Spanning 3,797 square feet, this single-level luxury abode offers four bedrooms and four bathrooms, presenting an aura of sophistication and comfort. The home underwent a tasteful renovation in 2019, enhancing its contemporary design while maximizing the stunning water views available from nearly every corner.
Step inside to find interiors that exude elegance, with soaring ceilings, European oak flooring, and a state-of-the-art kitchen equipped with Quartz countertops and stainless steel appliances. The living room, adorned with an electric fireplace, opens up to a spacious screened lanai – the perfect setting to savor the refreshing coastal breeze and mesmerizing water views.
The master suite is a haven of tranquility, offering serene views of the heated saltwater pool and spa. This private retreat includes two custom walk-in closets and an opulent bathroom with dual vanities, quartz counters, and chic, modern fixtures.
Adjacent to the master suite is a versatile bonus room, ready to transform into your dream space – be it a luxurious home office, an artist's studio, a private gym, or a serene poolside lounge.
Car enthusiasts will appreciate the custom-built garage, spacious enough for four cars with potential for additional lifts. A newly renovated workout room with cork floors provides a dedicated space for fitness or meditation. The property also boasts a private putting area for golf aficionados and an air-conditioned "Fish Camp" complete with an outdoor kitchen, firepit, and the heated saltwater pool – creating an exclusive oasis for relaxation and entertainment.
Seize the opportunity to own this magnificent coastal gem. Elevate your lifestyle and make this dream home yours today!
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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 |
|---|---|---|---|
| Apr 22, 2024 | Sold | ||
| Sold | |||
| Apr 9, 2024 | In contract | - | |
| In contract | |||
| Apr 2, 2024 | Price Decreased |
$2,995,000
↓ $255K
(7.9%) | |
| Price Decreased | |||
| Mar 16, 2024 | Relisted | $3,250,000 | |
| Relisted | |||
| Mar 8, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017