69 Cypress Walk
About This Property
From the moment you enter the grand foyer, the home welcomes you with an atmosphere of refined sophistication and effortless style. Designed with entertaining in mind, the second floor serves as the heart of the home, showcasing an expansive living area highlighted by vaulted ceilings, custom drapery, a dramatic Venetian plaster fireplace, and a striking designer globe chandelier. Adjacent to the living room, the elegant dining space features a stylish bar complete with an ice maker and wine refrigerator, seamlessly flowing into the gourmet kitchen.
The chef's kitchen is both functional and stunning, appointed with sleek acrylic cabinetry, quartz countertops, a hidden appliance garage, and premium Thermador appliances. Just beyond, a spacious covered porch creates the perfect setting for outdoor dining and entertaining, complete with a Primo ceramic grill for effortless coastal gatherings. Located on the main level, the luxurious primary suite offers a private retreat with dual walk-in closets and a spa-inspired ensuite bath featuring double vanities, a soaking tub, and a separate walk-in shower. Two additional generously sized bedrooms are also located on this floor, including one currently designed as a fitness room that can easily function as a study, office, or additional bedroom. A thoughtfully positioned laundry room provides convenient access from the garage, ideal after a day spent enjoying the nearby beaches.
As the only Insulated Concrete Forms (ICF) home within Cypress Dunes, this residence offers superior durability, enhanced energy efficiency, and lasting peace of mind. Residents of Cypress Dunes enjoy an exceptional lifestyle with access to resort-style amenities, including two community pools, a jacuzzi, tennis courts, scenic walking trails, and tranquil cypress ponds. The Gulf-view pool provides a breathtaking backdrop for relaxing sunsets and coastal living at its finest.
Bordering a pristine State Park, 69 Cypress Dunes presents a rare opportunity to own a truly remarkable coastal retreat where luxury, privacy, and natural beauty come together seamlessly.
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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 11, 2026 | Sold | ||
| Sold | |||
| Aug 21, 2026 | In contract | - | |
| In contract | |||
| Aug 12, 2026 | Price Decreased |
$1,689,000
↓ $90K
(5.1%) | |
| Price Decreased | |||
| May 13, 2026 | Listed by Watersound Real Estate | $1,779,000 | |
| Listed by Watersound Real Estate | |||
| Aug 12, 2025 | Price Decreased |
$1,779,000
↓ $10K
(0.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017