21
Map
15 Shore Drive
About This Property
The home offers three bedrooms, including a lovely primary bedroom with an its own ensuite bath, along with a second full bathroom. Central air keeps things comfortable year-round, and the overall layout feels both practical and relaxed. Outside, the flat property features decks in both the front and back-perfect spots to unwind or enjoy the surrounding water views. Freshly painted and lifted to FEMA standards with a giant garage below, this home also includes a fully operational elevator for added convenience, blending peace of mind with everyday comfort.
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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 |
|---|---|---|---|
| Feb 20, 2026 | Sold | ||
| Sold | |||
| Jan 14, 2026 | In contract | - | |
| In contract | |||
| Jan 8, 2026 | Listed by Oasis Realty Group LLC | $499,900 | |
| Listed by Oasis Realty Group LLC | |||
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About Mastic Beach
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$3,000 /mo
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$3,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017