129 Atlantic Road
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 |
|---|---|---|---|
| May 15, 2025 | Sold | ||
| Sold | |||
| Apr 17, 2025 | In contract | - | |
| In contract | |||
| Mar 29, 2025 | Price Decreased |
$4,495,000
↓ $200K
(4.3%) | |
| Price Decreased | |||
| Sep 17, 2024 | Price Decreased |
$4,695,000
↓ $200K
(4.1%) | |
| Price Decreased | |||
| Jul 3, 2024 | Listed | $4,895,000 | |
| Listed | |||
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This oceanfront estate looks out over the Atlantic to the Twin Lights and beyond. Situated on 1.09 acres between the Atlantic and the Bass Rocks Golf course the property is 1 mile from Eastern Point and Braces Cove. A dramatic entrance with marble flooring, soaring ceilings and a winding staircase leads to ocean facing living and dining rooms and sumptuous primary bedroom with 2 walk-in closets, deep soaking tub and of course lush views. A few special features include a first-floor bedroom suite, attached 3-car garage with oversize bays, wine cellar and tasting room, custom kitchen with Cherry cabinetry and breakfast room, and state of the art systems throughout. The spectacular grounds are landscaped with flowering shrubs and plantings and include several outdoor living spaces to soak up the sun and sea breeze. Close to Boston, this oceanfront oasis is near world-renowned beaches, art colony at Rocky Neck, and amazing restaurants where the seafood is fresh off the boat.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017