12880 BAY DRIVE
About This Property
Thoughtfully redesigned with designer finishes throughout, the home seamlessly blends relaxed coastal charm with modern luxury. At the heart of the home is a stunning 2023 chef's kitchen renovation featuring custom KitchenAid cabinetry, premium appliances, expansive quartz countertops, and an oversized island with seating for up to 12-creating an ideal gathering space for hosting friends after a day on the water.
Walls of glass frame sweeping Bay views, highlighted by a dramatic 4-panel Andersen sliding glass door that brings the outdoors in. The bright and airy three-season sunroom with all-new Sunspace windows offers the perfect setting to unwind on the custom full-size swing bed while watching sailboats pass, and the sky transform into vibrant evening colors.
Whether launching a kayak at sunrise, spending afternoons swimming and paddle boarding, or casting a fishing line just beyond the shoreline, every day feels like a vacation. Evenings are made for entertaining on the beautifully designed paver patio beneath the pergola, where coastal breezes and glowing sunsets create an unforgettable atmosphere for gatherings with family and friends.
Inside, elegant shiplap ceiling details, durable Mohawk waterproof laminate wood plank flooring, and cozy fireplaces in the bedroom, bathroom, and living room create warmth and character throughout. The home also features a built-in wine fridge, beverage station, and coffee bar-perfect for both quiet mornings and lively evenings. Custom-built-in bunk beds (queen lower, twin upper) provide flexible sleeping arrangements for guests, comfortably accommodating weekend visitors drawn by the waterfront lifestyle.
The primary suite offers a new spa-inspired ensuite bath (2024) with a freestanding soaking tub, creating a peaceful retreat after long days in the sun, while the beautifully updated secondary bath features a spacious walk-in rain shower with modern finishes.
Extensive upgrades provide comfort and peace of mind, including dual 2,000-gallon holding tanks (2023), updated HVAC, a tankless water heater (2023), a whole-house water filtration system (2024), enhanced attic insulation, and a fully encapsulated crawl space with a sump pump, vapor barrier, and dehumidifier.
Outdoor enhancements include professionally designed landscaping, updated board and batten siding for fresh curb appeal, split rail fencing (2023), new gravel driveway (2023), thoughtfully designed exterior lighting, and a private 8' x 4' outdoor shower with bench seating-perfect after a day spent on the beach.
Modern smart home features include a Nest thermostat, integrated security cameras, smart light switches, energy-efficient appliances, LED lighting, and reliable indoor/outdoor Wi-Fi coverage.
From peaceful morning coffee overlooking the Bay to evenings filled with breathtaking sunsets and the soothing sounds of the water, this exceptional home offers the rare opportunity to fully embrace the coastal lifestyle-where every season feels like summer and every day feels like a getaway.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 7, 2026 | Sold | ||
| Sold | |||
| Apr 19, 2026 | In contract | - | |
| In contract | |||
| Apr 17, 2026 | Listed by RE/MAX Leading Edge | $789,500 | |
| Listed by RE/MAX Leading Edge | |||
| Apr 25, 2023 | Sold | ||
| Sold | |||
| Dec 19, 2022 | Listed by RE/MAX Leading Edge | $500,000 | |
| Listed by RE/MAX Leading Edge | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017