821 Spar Drive
About This Property
As you step inside, you are greeted by the meticulously maintained interior boasting 2,860-sq ft, 4 spacious bedrooms and 2.5 bathrooms. The timeless beauty of hardwood floors and an open floor plan seamlessly blends classic elegance with modern comfort. The living room is a masterpiece of design, featuring built-in cabinets and shelving that gracefully frame the gas fireplace. The updated eat-in kitchen is equipped with stainless steel appliances, gleaming granite countertops, a double oven, a wine refrigerator, and a center island, making it an ideal space for both casual dining and gourmet cooking.
The master suite is a private sanctuary, offering a generous walk-in closet, a lavish full bathroom, and a secluded balcony with breathtaking water views. The master bathroom exudes spa-like luxury, complete with a shower, a standalone tub, and double sinks.
Additional features of this magnificent home include a spacious two-car garage, two-zone air conditioning, a maintenance-free yard, a wide lagoon, and decorative molding throughout. This property truly offers a lifestyle of unparalleled luxury and convenience. Welcome to your dream home in Sunrise Beach.
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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 9, 2024 | Sold | ||
| Sold | |||
| Jul 26, 2024 | In contract | - | |
| In contract | |||
| Jul 17, 2024 | Listed by RE/MAX Revolution | $979,000 | |
| Listed by RE/MAX Revolution | |||
| Nov 5, 2019 | Sold | ||
| Sold | |||
| Jun 13, 2019 | Listed by Weichert Realtors-Forked River | $639,900 | |
| Listed by Weichert Realtors-Forked River | |||
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This house has it all...prime location, updated, backyard oasis, 83' of bulkhead...perfection! Meticulously maintained 2,860 sq ft 4 bed 2.5 bath home located in Sunrise Beach! Hardwood floors flow seamlessly throughout the first floor featuring an open floor plan. Built-in cabinets and shelving surround the gas fireplace situated in the living room. Beautifully updated eat-in kitchen with stainless steel appliances, granite counter tops, a wall oven plus a double oven, wine refrigerator, center island with seating for 4 and an additional seating for 5 at the counter. The master bedroom has a walk-in closet, full bathroom and a private balcony with gorgeous water views. The updated master bathroom has a tiled shower, stand alone tub, and double sinks. The backyard oasis boasts an in-ground pool, paver patio, trex decking, 83' trex dock, jet ski lift, fire pit and out door kitchen with a sink, refrigerator, grill and counter seating for 5. Additional features include 2 car garage, 2 zone AC, generously sized bedrooms, updated bathrooms, maintenance free front and back yard, wide lagoon, water and electric located at the dock, decorative molding throughout and so much more! You don't want to miss this house...make an appointment to see it today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017