38
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9 Mandalay Road
About This Property
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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 |
|---|---|---|---|
| Nov 1, 2024 | Sold | ||
| Sold | |||
| Sep 20, 2024 | Listed by Douglas Elliman | $2,695,000 | |
| Listed by Douglas Elliman | |||
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Exclusive Sewall's Point Custom Home! You'll never find another like this and can't be built at this price! Turn key, high-end home comes to market in desirable South Sewalls's Point, with an expansive private oasis situated on almost .6 acre with fenced yard. This pool home is perfect for all your entertaining both indoor and out. This is an extremely unique find in one of Florida's best kept secrets; Sewall's Point is located just north of Palm Beach and is its own barrier island located between the St. Lucie River and Indian River Lagoon in Martin County, FL. It's the 'sister' island to Jupiter Island. Sewall's Point protects its wildlife and is also considered a 'Bird & Tree' Sanctuary. No wonder we have been recognized as Coastal Living's happiest seaside town. This home has been completely remodeled and features the highest quality luxury finishes. Stunning courtyard home welcomes you with the pebble driveway and stone walkway to custom gate flanked by gas lanterns. Stunning interiors by well known Knowles Design showcases her first project in Sewall's Point. Stunning custom wood work with vertical nickel joint and large plank, white oak porcelain tile floors throughout with open views to the tropical oasis. Truly a chef's kitchen with white custom cabinets, Pompeii quartz countertops, La Cornue French range with custom hood, Thermador appliances. including a 750-bottle wine fridge. The primary bedroom ensuite offers a pool view, large walk-in closets, & a luxurious bathroom with double sinks, Robern medicine cabinets, & a shower with Pompeii Quartz slabs. Ladies, I promise you won't mind doing laundry in this oversized custom laundry room. And for the gentleman who love an A/C garage, this too won't disappoint.
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| Sep 1, 2023 | Sold | ||
| Sold | |||
| Jul 20, 2023 | No longer available | - | |
| No longer available | |||
| Jul 20, 2023 | Listed by Douglas Elliman | $1,195,000 | |
| Listed by Douglas Elliman | |||
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Rare find in sought after South Sewall's Point! This is one of Stuart's best kept secrets! Located just north of Palm Beach, Sewall's Point is its own barrier island situated between the St. Lucie River and the Indian River Lagoon in Martin County, FL and Voted Coastal Living's happiest seaside town. Finally, a mid-century modern style home with courtyard style pool and separate spa located on one of the largest corner lots (.6 acres) with circular drive in Sewalls! Breathtaking mature oaks, avocado, banana and mature starfruit tree, & palms abound. This home has been completely remodeled so you can move right on in. Concrete block construction! New smart kitchen, with new cooktop and custom vent hood, quartz countertops and stunning glass and marble backsplash. has been upgraded including a whole house Halo 5 water filtration system and new hot water heater. 2 Brand new A/C units with halo air scrubbers/UV lighting and new ductwork. House is wired with Cat-6 for high speed internet, security cameras and smart box. ADT alarm with 70 protected and monitored zones. Lock and go with impact glass and hurricane shutters. Upgraded electrical throughout including new outdoor lighting, generator hook up and installation of exterior plugin. Other upgrades: complete Container Store Elfa systems throughout, irrigation system with rain sensor, new gutters with leaf guard system and downspouts. All new attic insulation. Garage is perfect for your exotic cars with A/C, clear epoxy floors, insulated garage door and hurricane rated.
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About Sewall's Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017