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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.
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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 |
|---|---|---|---|
| Mar 31, 2025 | Sold | ||
| Sold | |||
| Dec 4, 2024 | In contract | - | |
| In contract | |||
| Oct 21, 2024 | Listed by Berkshire Hathaway Florida Realty | $3,990,000 | |
| Listed by Berkshire Hathaway Florida Realty | |||
| Jun 3, 2019 | Sold | ||
| Sold | |||
| Nov 15, 2018 | Listed by RE/MAX of Stuart | $1,750,000 | |
| Listed by RE/MAX of Stuart | |||
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Luxury Sewall's Point Waterfront Home with dock, guesthouse, 3+ car garage! Not your average Sewall's Point Home; newer construction 2010, CBS solid built home with all impact glass, built on pilings for elevation - one story with elevator from garage. The inside of the home is beautiful with high volume ceilings throughout and arched ceiling in dining. This home features marble flooring throughout, custom kitchen with center island and all the bells and whistles, wet bar in family room for great entertaining space. Balcony looks out over spectacular Indian River Lagoon. The Guest house features one bedroom and one bath with private entry and balcony, kitchen and laundry. The garage is 3 car plus, there is storage/unfinished space under the home with full slab waiting for your finishing touch or additional parking for all of your water toys. The home features 80' of water frontage with private sandy beach. Agent related to seller. Owner financing is an option.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017