43
Map
1259 Shoal Drive
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%.
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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 |
|---|---|---|---|
| Jul 30, 2026 | Sold | ||
| Sold | |||
| Jun 24, 2026 | In contract | - | |
| In contract | |||
| Jun 11, 2026 | Listed by Coldwell Banker Realty | $1,868,000 | |
| Listed by Coldwell Banker Realty | |||
| Dec 2, 2021 | Sold | ||
| Sold | |||
| Oct 22, 2021 | Listed by Green Banker Realty | $1,749,000 | |
| Listed by Green Banker Realty | |||
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This reimagined waterfront home is the ultimate turn-key sanctuary. The main level features an exquisite gourmet kitchen, outfitted with Bertazzoni and Bosch Appliances, multiple dining spaces and an oversized living room bathed in natural light. With seamless outdoor access from the living space, the waterfront views feel truly endless. The second level features three bedrooms and two bathrooms, including the primary suite which boasts water views and a luxurious spa bathroom with custom 5x5 foot rain shower stall. Additional custom touches include heated towel racks, dimmable lighting, USB compatible outlets, multiple sky lights, Ring doorbell, and Nest Thermostat. The expansive two-level deck and dock is perfect for entertaining and includes water access to allow for full advantage of being waterfront. Community includes pool, tennis courts, and clubhouse. The wide water views, detailed finishes, and quality renovation make this waterfront paradise truly a one-of-a-kind retreat.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017