13 Madaket Way
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 |
|---|---|---|---|
| Oct 16, 2026 | Sold | ||
| Sold | |||
| Oct 7, 2026 | In contract | - | |
| In contract | |||
| May 15, 2026 | Listed by Watermark Properties Group LLC | $5,650,000 | |
| Listed by Watermark Properties Group LLC | |||
| Nov 10, 2025 | Price Decreased |
$5,650,000
↓ $350K
(5.8%) | |
| Price Decreased | |||
| Aug 8, 2025 | Listed | $6,000,000 | |
| Listed | |||
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Positioned on a corner lot just south of 30A, this refined WaterSound Beach residence is a masterclass in elevated coastal living. Encompassing more than 5,100 square feet of conditioned space, including the connected pool porch cabana, this six-bedroom, six-and-a-half-bath home, along with a newly built carriage house, offers three distinct entertaining areas, each thoughtfully designed to accommodate gathering or retreat. A screened pool porch cabana with integrated air conditioning opens to a private outdoor sanctuary, complete with a large heated pool, fire pit, and summer kitchen, perfect for relaxed evenings under the stars on one of the larger lots in WaterSound Beach. Inside, natural light pours into the expansive main living area, where reclaimed wood ceilings and tongue-and-groove accent walls showcase the work of Magnolia House Design Group.
The kitchen is a chef's dream, outfitted with Thermador appliances, a gas cooktop, leathered countertops, dual dishwashers, and a spacious center island. Just off the main living space, a serene primary suite features a dedicated sitting room and a luxurious bath with a deep soaking tub, a large walk-in shower, and artisan tile. Upstairs, three additional guest suites offer privacy and comfort, while the third floor hosts a sprawling bunk room with beds for 12, its own media lounge, and a private bath. A carriage house, completed in 2023, adds flexibility for hosting or extended stays. Additional features include reclaimed hardwood floors, tankless water heaters, a whole-home audio system, plantation shutters, designer lighting, and a second-level bed swing. This home enjoys all the privileges of WaterSound Beach, including deeded beach access to over 1 mile of private beach, two community pools, miles of boardwalks and trails, kayak rentals, and close proximity to The Big Chill, Alys Beach, and Rosemary Beach. Whether you're searching for a luxurious primary residence, a second home, or a high-performing rental, this property offers rare versatility in one of 30A's most exclusive gated communities.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017