655 77th AVENUE
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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%.
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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.
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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 13, 2024 | Sold | ||
| Sold | |||
| Jul 5, 2024 | In contract | - | |
| In contract | |||
| Jun 28, 2024 | Listed by SEASALT PROPERTIES | $1,995,000 | |
| Listed by SEASALT PROPERTIES | |||
| Jan 26, 2023 | No longer available | - | |
| No longer available | |||
| Oct 27, 2022 | Listed by Keller Williams St. Pete Realty | $2,599,888 | |
| Listed by Keller Williams St. Pete Realty | |||
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The Crown Jewel of St Pete Beach and a home with distinction and pedigree is awaiting your arrival. This spectacular home is an immersive experience that begins with a dramatic first impression of lifestyle living and is extremely private with the surrounding gardens. Positioned on an oversized corner lot, with unbelievable views of the intracoastal waterway, with an oversized dock on different levels, the home gives you an air of distinction the moment you arrive. While the overall mood is one of subdued sophistication-the setting itself provides for splendor aplenty. The home is a delicate balancing act while weighing the push of classical against the pull of coastal contemporary inspiration. The owners have enhanced this home replete with a myriad of tasteful and important upgrades. Throughout the home, decorative flourishes both playful and glamorous, leaven the seriousness to the architecture, conjuring an environment anchored in the present. The foyer area establishes a sense of arrival and decompression before one moves into the main living areas where the casual elegance of this home evolves with magnificent waterfront vistas and sunsets. The entire home is tempered with casual formality and playfulness. The informal dining room is positioned just off the foyer adjacent to the chef's gourmet kitchen. The continental sensibility expands into the main social spaces on the ground floor which includes the gathering room, home office area, the fabulous Chef’s gourmet kitchen, and a mud/laundry room with an ensuite pool bathroom. The heated 20x40 pool and surrounding gardens, have an oversized entertainment area with pergolas to enjoy dinners al fresco. As you ascend, the upper floor with its floating staircase abutting the family room, the additional two bedrooms and full bathroom have variations in color and style and conspire to the individual family members distinctive identities. The expansive play area outside for children and fur babies has a separate space to enjoy casual family evenings that are perfect to enjoy the quiet peaceful ambiance of the home and waterfront views. The textural variety of the fabrics and other materials in the home add to the richness and warmth to the classic architecture. The primary bedroom, entered through custom barn doors, has quiet tones that extend into the stunning & peaceful ensuite bath replete with a customized walk in closet. Ultimately, the interiors defer to dazzling waterfront scenery that surrounds the home, which no amount of decorative bravado can hope to surpass. Although the architectural pedigree of this home dates back to an era gone by, the invitational tone of the home and pool are far beyond the scale typical of this period. The amazing location allows for easy access and close proximity to some of the finest restaurants, Upham and Sunset beaches, shopping, airports and entertainment in all of the St Pete area. This home is truly St Pete beach Luxury living at its absolute finest. With a short 30 second boat ride you will be in the open ocean of the Gulf of Mexico with deepwater sailing, no bridges, and pristine clear waters. The home featured a major renovation and remodel in 2018-2019. Features include but not limited to: main - aluminum roof 2020, rolled roof 2020, newer electrical and plumbing 2018/2019 and electrical panel, new pool heater 2022, raised seawall w/ 100ft of frontage, new Tankless WH, hurricane impact windows, and more! The manager has listed the unit size as 3302 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017