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835 Cassena Road
About This Property
Across 2,769 square feet of outdoor living space, tropical landscaping frames the pool and spa, while illuminated water features lend a soft glow after dusk. An outdoor fireplace and a separate fire pit with seating offer two places to gather. The sound system extends outdoors, a mosquito misting system serves the outdoor living areas, and premium synthetic turf gives the backyard a manicured finish.
The estate also features a climate-controlled six-car garage, an Elaxi security system with 14 cameras, a whole-house Kinetico water system, a Generac whole-house generator, and a dedicated irrigation well.
Gulf beaches and the boutiques and restaurants of Waterside Shops and Mercato are minutes away. Opening in late 2027 across from Waterside Shops, The Sterling Club is poised to offer residents who become members a nearby destination for wellness, dining, and social gatherings.
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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 |
|---|---|---|---|
| Oct 28, 2026 | Listed by John R Wood Properties | $7,995,000 | |
| Listed by John R Wood Properties | |||
| Jan 8, 2025 | Sold | ||
| Sold | |||
| Dec 9, 2024 | Listed by McGarvey Realty Group, LLC | $8,995,000 | |
| Listed by McGarvey Realty Group, LLC | |||
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Meticulously crafted new construction being offered by award winning McGarvey Custom Homes. Welcome to 835 Cassena Road, featuring an innovative and private courtyard design that gives this Pine Ridge Estates home sweeping views from every vantage point. Lofty ceilings with intricate wood details, a wide expanse of windows, transoms, and pocketing glass sliding doors allow natural light to abound throughout the home. From the gourmet kitchen, complete with Sub Zero & Wolf appliances, to the great room and dining areas offering bespoke custom built-ins, to the centrally designed wet bar, the main living area of the home is perfect for entertainment and provides for a seamless indoor/outdoor lifestyle. The home has been professionally furnished and decorated by Freestyle Interiors, and offers 5 ensuite bedrooms, including a detached guest cabana with an additional bonus/flex room. The home also includes a private study, 6 full bathrooms, 2 powder rooms, and a 6-Car garage. The expansive 2,769 square foot private courtyard, with custom pool, spa, water features, and lush landscaping, provides an exquisite backdrop that allows the home to radiate modern elegance as it celebrates a blissful, alfresco style of living. The estimated completion date for this home is early Summer 2025.
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| Mar 25, 2024 | Sold | ||
| Sold | |||
| Feb 27, 2024 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017