12 Plum Bush Downs
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 |
|---|---|---|---|
| Sep 23, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 23, 2026 | Listed by RE/MAX Bentley's | $1,099,900 | |
| Listed by RE/MAX Bentley's | |||
| Sep 1, 2026 | Listed by RE/MAX Bentley's | $1,200,000 | |
| Listed by RE/MAX Bentley's | |||
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Some homes offer a view, but this one puts you in the middle of it! Welcome to 12 Plum Bush Downs, with nearly 360-degree water views in a setting that changes with every tide, season and sunset. Built in 2015 and designed to capture this remarkable landscape, the home features a spacious, light-filled layout with contemporary style and finishes throughout. Walls of windows bring the views in from nearly every direction, while an oversized primary bedroom, two full baths and a spacious loft provide flexibility for guests, a home office or additional living space. Step outside to the expansive deck with retractable awning—the perfect spot to take it all in—or enjoy the stone patio below, along with plenty of storage for all the gear that comes with island living. From sunrise to sunset, enjoy the best of Plum Island living: surfing, sailing, beach days and watching the tides roll in and egrets pass by. Set on approximately 2.6 acres, the property also offers the potential opportunity for a private dock (buyer to perform their own due diligence). Solar energy and an extraordinary setting complete a property that is truly hard to replicate. This is Plum Island living at its most special.
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| Jun 25, 2014 | Sold | ||
| Sold | |||
| Mar 26, 2014 | Listed by RE/MAX Bentley's | $319,000 | |
| Listed by RE/MAX Bentley's | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017