837 HARBOR ISLAND
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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%.
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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.
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 |
|---|---|---|---|
| Mar 7, 2025 | Sold | ||
| Sold | |||
| Jan 25, 2025 | In contract | - | |
| In contract | |||
| Dec 4, 2024 | Price Decreased |
$8,500,000
↓ $450K
(5%) | |
| Price Decreased | |||
| Sep 4, 2024 | Listed by COLDWELL BANKER REALTY | $8,950,000 | |
| Listed by COLDWELL BANKER REALTY | |||
| | |||
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Located between Clearwater Beach and downtown Clearwater, immerse yourself in this indulgent Island Lifestyle in Island Estates. Refined coastal modern architecture boasts breathtaking views and elevated design elements throughout over 11,500 of total square feet in this highly-desired enclave. Make every day feel like a vacation excursion with a home that seamlessly blends the indoors out to resort-style entertaining areas, delivers an immersive audio and video experience, while being enveloped in spectacular views and sunsets beyond compare. Decadent design elements and a dramatic clear rail curved stairway welcome you to glamorous living spaces that includes 5 bedrooms, 5 full and 3 half baths and 8,548 SF, premier statement lighting and floor-to-ceiling windows. A design aesthetic embraces the concave window placement and fluid circular appointments from seating areas to the ceiling architectural features. A state-of-the-art chef’s kitchen with Sub-Zero Wolf and Meile appliances provides such fluid appointments in the center island and seating area that overlook the living room with custom window treatments and full retracting doors that lead the expansive covered waterfront entertaining terrace. There is an adjacent family room with linear fireplace and entertaining bar also on the main level. Additional refined areas include a full theatre experience media room, dual offices, and elevator. Four ensuite guest bedrooms await upstairs, along with the private primary suite oasis that features a sitting room, spectacular water views and magnificent bathroom offing a soaking tub and premier steam shower. The masterpiece moments continue to the luxurious outdoor living areas that deliver nothing short of extraordinary, with expansive terraces, clear terrace railing, numerous entertaining and gathering areas, along with an infinity pool, fire features. An elevator leads you to the coveted rooftop terrace lounge with elevated spa, firepit, dining area and wet bar. A private deep water composite dock features water, electrical, 30K lift, plus jet ski lifts for endless recreation, boating and more in this outstanding location. Additional appointments include all NEW advanced HVAC/Humidity System, Hurricane Resistant Engineering, Creston Home Automation system, impact windows, A/V Security, central vacuum, NEW roof and a 4-car garage. Less than a mile from award-winning Clearwater Beach, enjoy access to outstanding beaches, shopping, dining and entertainment, along with boating access to the Gulf from this luxury oasis.
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| May 21, 2021 | Sold | ||
| Sold | |||
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About Island Estate
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017