978 SIGNET DRIVE
About This Property
6 Beds | 5 Full + 2 Half Baths | Office | 5,284 Sq Ft | 2023 Construction
Located on one of MiraBay's premium oversized lots, this custom 6-bedroom, 7 bath home with 5,284 sq ft is the only Carrera model with this upgraded Craftsman-style elevation. Built in 2023 and extensively enhanced by the current owners, it's move-in ready with upgrades totaling over $300,000. The home includes a downstairs primary suite, additional guest suite (in-law) with private bath and lanai access, a dedicated office, upstairs theater room, and both upstairs and downstairs bar areas.
Inside, the home features upgraded engineered hardwood flooring on the main level and stairs, 13-ft ceilings, upgraded metal stair railing, and extensive custom lighting and hardware throughout. The chef's kitchen includes a large quartz island, 5-burner gas range, double ovens, upgraded cabinetry, ceramic backsplash, walk-in pantry, and a customized butler's pantry with wine fridge and glass racks. Plantation shutters and upgraded mirrors, vanities, and curtain hardware were added throughout the home. A California Closets system is installed in the primary suite and two en-suite bedrooms.
The spacious living room and outdoor patio both include built-in ceiling speaker systems, and the theater room is prewired for an 8.2 surround sound setup. All bedrooms have ensuite or Jack-and-Jill bathrooms. A second-floor balcony extends the entertaining space, while the upper level also includes a full bar with beverage fridge and an additional laundry hookup.
Outdoors, a screened enclosure surrounds the 36' x 26' pebble-tech pool and spa with two sun shelves, LED-lit bubblers, and a shell-stone deck. The upgraded dock features a 20,000-lb lift and electric remote, suitable for boats up to 40–45 feet. The home includes full gutters, security camera system, upgraded landscaping, and garage ceiling storage systems. There are 3 A/C zones with 2 units for efficient climate control.
MiraBay is a waterfront community with a 135-acre lagoon for boating, paddleboarding, and kayaking, plus a clubhouse with 2 resort style pools, lap lanes, water slide, cafe, lounge, basketball tennis, pickleball, and 24 hour gym. This is a golf cart friendly community.
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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 |
|---|---|---|---|
| Aug 29, 2025 | Sold | ||
| Sold | |||
| Jun 28, 2025 | In contract | - | |
| In contract | |||
| Jun 10, 2025 | Listed by ALIGN RIGHT REALTY SOUTH SHORE | $1,725,000 | |
| Listed by ALIGN RIGHT REALTY SOUTH SHORE | |||
| Mar 29, 2025 | Price Decreased |
$1,729,000
↓ $30K
(1.7%) | |
| Price Decreased | |||
| Mar 9, 2025 | Price Decreased |
$1,759,000
↓ $61K
(3.4%) | |
| Price Decreased | |||
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About Apollo Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017