60
Map
137 Santa Monica Avenue
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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 |
|---|---|---|---|
| Jan 27, 2026 | In contract | - | |
| In contract | |||
| Jan 12, 2026 | Listed by RE/MAX Gold Coast-Beach Office | $1,450,000 | |
| Listed by RE/MAX Gold Coast-Beach Office | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| May 6, 2021 | In contract | - | |
| In contract | |||
| Apr 25, 2021 | Listed | $1,050,425 | |
| Listed | |||
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100 STEPS TO THE BEACH! Located on this wonderful street in Silver Strand! As you approach this home, you will love the large driveway and the great curb appeal. Enjoy the landscaping as you linger in the soft breeze of the ocean! On the first level, you will find a living space which features its own living room, large bedroom, kitchenette, bathroom and separate entrance. A great place for in law quarters or a long term guest! The upper level is just gorgeous and boasts beach and ocean views that you will notice as you ascend to the second level. The balcony is so relaxing and the best place to enjoy this beach community, BBQ or just read a book. Windows galore that promote this ocean view living. Love the beamed living room ceiling as well as the enormous size to enjoy family life playing games, entertaining or just hanging out. The kitchen overlooks the dining room and the deck. Nice and bright with lots of room to create fantastic meals while interacting with guests and family. The master bedroom is large and includes a nice size walk in closet as well as lots of windows for natural light. The other bedroom is also a nice size and shares a hall bathroom with the master. Newly stained wood floors make this home seem so open and airy. What a delightful home to enjoy the beach life. The garage is large with lots of room to store surf boards, beach chairs and kayaks. Since the driveway is so large, there are lots of spaces for guests. A must see! The manager has listed the unit size as 1626 square feet.
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About Silver Strand
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$8,500 /mo
- 4 Beds
- 3 Baths
- 2,500 ft²
$4,000 /mo
- 2 Beds
- 1 Bath
- 812 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017