617 LAGOON Drive
About This Property
The first level, which includes a kitchen and living area, 2 bedrooms, and a full bath with direct access from the patio, could be used as a mostly self-contained space for guests, an adult child(ren), or elderly parent, if desired, or it could be used as casual family space, project rooms, etc. The main living and entertaining area on the second floor features an open kitchen/living room/dining area, large wrap-around balcony, great views, travertine floors... ...and high ceilings. Highlights of the main kitchen include granite countertops, a breakfast bar, stainless appliances, attractive glass backsplash, custom cabinets, and a large walk-in pantry. Two bedrooms on the second level share a bath with double sinks and a jetted tub/shower.
Occupying all of the third floor, the gorgeous master suite includes a huge bedroom, separate sitting/office area with mini fridge, a large walk-in closet, and sumptuous bath with large jetted tub, separate shower, dual sinks, and more. The private balcony enjoys great water views.
An elevator makes access to all floors easy. Quality touches such as extra wide crown molding, double tray ceiling in the master, and carved decorative details on the stairway enhance the beauty of this special property. Additional pluses include large storage closets, 3 HVAC units, a 2-car garage with large workshop and/or storage area, brick paved driveway, and attractive landscaping. In addition to all the water sports at your fingertips, a short walk/bike ride/golf cart ride takes you to the beautiful white sand beach. An ideal home for an active family--or great potential as a rental property!
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Cap Rate Calculator
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 23, 2021 | Sold | ||
| Sold | |||
| Jul 29, 2019 | No longer available | - | |
| No longer available | |||
| Feb 16, 2019 | Price Increased |
$2,350,000
↑ $1K
(0%) | |
| Price Increased | |||
| Feb 10, 2019 | Price Decreased |
$2,349,000
↓ $1K
(0%) | |
| Price Decreased | |||
| Aug 23, 2018 | Listed | $2,350,000 | |
| Listed | |||
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MOTIVATED SELLER! Attractive 3-story home offers every convenience for an active harbor-front lifestyle! This beautiful residence enjoys a great location toward the eastern (quiet) end of Destin Harbor, including a fully equipped dock with boat lift, a pool and hot tub, and a large sun deck with shaded patio areas.The first level, which includes a kitchen and living area, 2 bedrooms, and a full bath with direct access from the patio, could be used as a mostly self-contained space for guests, an adult child(ren), or elderly parent, if desired, or it could be used as casual family space, project rooms, etc. The main living and entertaining area on the second floor features an open kitchen/living room/dining area, large wrap-around balcony, great views... The manager has listed the unit size as 4088 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017