708 108th Avenue N
About This Property
Discover the epitome of luxury living in this exquisitely modern home with soaring high ceilings. Fully furnished and turnkey, this property is perfect for short-term and long-term rentals. This 4-BEDROOM, 3-FULLY BATHS gem is in the desirable Naples Park neighborhood. It is one mile from the pristine Delnor-Wiggins Pass State Park Beach and two miles to renowned Vanderbilt Beach. It is close to fine dining, stunning sunsets, vibrant nightlife, Mercato shopping, and various entertainment options.
This beautiful Southern exposure pool home features a tile roof, a fully modern gray fenced backyard for privacy, impact windows, and a large outdoor kitchen eat-in area with plenty of seating. The saltwater pool was completely redone with an added remote-controlled fountain, a new cage, a new picture screen enclosure, and a new pool pump. The entire living area and bedrooms boast high ceilings and abundant natural light. Notably, the home has a new kitchen with a wine refrigerator and breakfast bar with porcelain tile throughout. With four spacious bedrooms and three newly remodeled full baths, there is ample space for family and guests. The primary suite includes large sliders with access to the pool and patio. The large laundry room with a washer, dryer, cabinets, and sink is just off the entry for the 2-car garage, which has an extra refrigerator. The 7 closets in the home are all custom-made with ample lighting.
Enjoy an unbeatable combination of location, size, and price! With no HOA rental restrictions, this property is ideal for investment.
This residence offers a chic and comfortable sanctuary, ideal as a primary or luxurious rental home.
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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 2, 2024 | Sold | ||
| Sold | |||
| Jul 29, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 27, 2024 | Listed by Epique Realty, INC | $1,495,000 | |
| Listed by Epique Realty, INC | |||
| Jul 15, 2024 | Listed by Byowner.com | $1,495,000 | |
| Listed by Byowner.com | |||
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EURO STYLE NEWLY COMPLETELY RENOVATED AND FURNISHED - SOLD AS IS TURN KEY - WITH NEW SALTED WATER POOL AND FOUNTAIN This is LIKE NEW CONSTRUCTION HOME - COMPLETELY RENOVATED. Excellent investment opportunity - because it is 4br 3bth home - THE POTENTIAL RENTAL INCOME IS VERY HIGH. Last Winter rents received were in $22,000 ( one couple monthly rental) . If rented daily or weekly - you can get in season $1000 per night . In summer still rents very well. The entire home is designed and decorated and finished with very elegant European Design. New kitchen, bathrooms and bedroom. Very custom tile work everywhere. Only 1.2 miles walk to the wonderful Vanderbilt Naples Beach. Inside the garage - nice beach accessories. BEAUTIFUL 4 BEDROOM AND FULL 3 BATHROOM - EXCELLENT LIVING AREA (very open with high ceilings) connected to living room where there is a table for 14 people (and nice modern leather chairs). Nice size bedrooms with new furniture, new high quality mattress, and custom made lighted closets. 2 new smart TVs, FULLY EQUIPPED BRAND NEW KITCHEN. Nicely decorated laundry room with pooled out ironing board. BEAUTIFUL 3 BATHROOMS (ALL NEW) with showers and custom made tile work. NEW SALTED POOL WITH VERY RELAXING WATER FOUNTAIN. Brand new custom designed outdoor kitchen. HURRY Buyers agents welcome.
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| Jun 7, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017