134 4TH
About This Property
The open-concept kitchen features an oversized island, granite countertops, stainless steel appliances, and flows seamlessly into the living and dining areas-ideal for both everyday living and entertaining. The home is in immaculate condition and includes thoughtful upgrades throughout, including a tankless water heater, whole house generator, and ample closet and storage space.
Enjoy the outdoors from your covered, screened-in wraparound front porch or relax in the hot tub, which conveys. The fenced-in yard features professional landscaping and hardscaping, plus a detached shed with a garage door for additional storage or workspace.
Located just minutes from the beach, boardwalk, pier, restaurants, and local shops, this home offers the best of Colonial Beach living in a move-in-ready package.
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 30, 2025 | Sold | ||
| Sold | |||
| Apr 13, 2025 | In contract | - | |
| In contract | |||
| Apr 10, 2025 | Listed | $535,000 | |
| Listed | |||
| | |||
|
Welcome to The Penelope, a nearly new Gray Construction home located in the golf cart-friendly neighborhood of Classic Shores in Colonial Beach. This 3-bedroom, 2.5-bath home offers just under 1,700 square feet of well-designed living space, including a dedicated office with custom built-in desks offers the perfect setup for remote work or study, and a main level primary suite featuring a spacious walk-in closet and 5-piece en suite bath.
The open-concept kitchen features an oversized island, granite countertops, stainless steel appliances, and flows seamlessly into the living and dining areas—ideal for both everyday living and entertaining. The home is in immaculate condition and includes thoughtful upgrades throughout, including a tankless water heater, whole house generator, and ample closet and storage space.
Enjoy the outdoors from your covered, screened-in wraparound front porch or relax in the hot tub, which conveys. The fenced-in yard features professional landscaping and hardscaping, plus a detached shed with a garage door for additional storage or workspace.
Located just minutes from the beach, boardwalk, pier, restaurants, and local shops, this home offers the best of Colonial Beach living in a move-in-ready package.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017