514 LATROBE Avenue
About This Property
Inside, the home feels bright, open, and beautifully connected. Expansive living spaces flow effortlessly toward the outdoors through stacking glass doors, including a dramatic 90-degree corner slider that opens the casual dining area to the extended screened lanai. The result is a home designed equally well for everyday living and entertaining.
At its heart is a spectacular gourmet kitchen featuring custom cabinetry with illuminated display uppers, quartz countertops, a generous island, 36-inch natural gas cooktop, wall oven, and microwave. Tucked discreetly behind the cabinetry is a hidden walk-in pantry with extensive shelving and space for a full-size refrigerator--an exceptional combination of form, function, and storage.
The primary suite is a private retreat overlooking the garden and lake, complemented by a beautifully appointed, spa-like ensuite bath with an expansive walk-in shower, dual shower heads, oversized custom vanities, and two spacious walk-in closets. A separate guest suite with its own ensuite bath and walk-in closet provides privacy and comfort for visitors, while an additional bedroom and full bath offer even more flexibility.
A separate flex space with glass doors can easily serve as a den, home office, media room, or additional sleeping space, allowing the home to adapt to the way you live.
Outside, an extended screened paver lanai overlooks a peaceful lake-to-preserve setting framed by a magnificent mature oak. The spacious homesite also offers room to add a pool, creating the opportunity to further customize the outdoor living experience while preserving the home's beautiful natural backdrop.
Additional highlights include a generously sized laundry room with extensive cabinetry and workspace, along with an oversized courtyard-entry oversized two-car garage offering abundant storage and a dedicated workshop area.
Beyond the home, Markland offers an impressive resort-style lifestyle with more than 15 acres of lakes, a kayak launch, beach-entry pool with cabanas, fitness center, Manor House, and an active calendar of community events.
Newer, beautifully maintained, thoughtfully customized, and ready to enjoy from day one, 514 Latrobe Avenue delivers the quality of an AR Homes residence without the wait of building new.
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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 |
|---|---|---|---|
| Oct 5, 2026 | Sold | ||
| Sold | |||
| Sep 6, 2026 | In contract | - | |
| In contract | |||
| Aug 25, 2026 | Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST | $899,000 | |
| Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST | |||
| Jul 29, 2018 | Listed by MARCUS ALLEN REALTY, LLC | $549,200 | |
| Listed by MARCUS ALLEN REALTY, LLC | |||
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New construction custom home coming soon on waterfront lot in Wolfe Pointe. This custom designed Mulberry I floor plan by Arthur Rutenberg features a one-story open concept design and offers lakefront/preserve views and a gracious lanai for entertaining. This beautiful home offers a Great Room, Dining Room, Epicurean Kitchen with island, Den, gracious Master Suite and Bath, plus 3 additional bedrooms, laundry room and 3-car garage. Do not miss the opportunity to make this treasure your own. Ask our Sales team about our current incentives. Model hours are Mon-Sat: 10-5pm; and Sunday: 12-5pm. Markland by Hines is a natural gas community and offers many amenities in an ideal location close to area beaches, shopping, eateries, golf, and so much more!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017