TBD Admirality Row #303
About This Property
Step inside to discover a cohesive interior design featuring smooth plaster walls synonymous with the distinctive Alys Beach style. The living and kitchen area serves as the focal point, offering an expansive wall of folding bay doors that unveil breathtaking views and seamlessly extend onto the oversized, shaded private patio - an idyllic setting for al fresco dining and entertaining.
Accommodations are equally impressive. The primary ensuite and guest rooms have wooden flooring and glass folding doors that span the length of the room, inviting in abundant natural light and framing the picturesque vistas beyond. Thoughtful touches abound, including twelve-inch baseboards and top-of-the-line Subzero and Wolf kitchen appliances, ensuring elegance and functionality.
Moreover, this residence has modern conveniences to elevate your lifestyle, including a built-in dehumidifier that detects leaks, providing peace of mind and added security. On the ground level, residents will find private beach lockers and a package concierge lock box offering convenience and ease for all their needs.
Embark on a journey of refined coastal living at The Della, where every detail has been meticulously crafted to offer a harmonious blend of luxury, comfort, and sophistication. Don't miss this unparalleled opportunity to experience the epitome of Alys Beach living.
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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 |
|---|---|---|---|
| May 22, 2024 | Sold | ||
| Sold | |||
| Apr 8, 2024 | Listed by Davis Properties Of Nw Fl | $3,450,000 | |
| Listed by Davis Properties Of Nw Fl | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017