1654 BERMUDA Road
About This Property
The kitchen is the heart of the home, featuring a large island overlooking the living space, granite countertops, stainless steel appliances, and ample cabinet space, perfect for entertaining or everyday living. The seamless flow into the dining and living areas creates an inviting space that feels both open and functional.
Upstairs, the spacious primary suite offers a walk-in closet, dual vanities, and a beautifully tiled shower. Additional bedrooms are well-sized and versatile for guests, office space, or growing needs.
Fully fenced backyard, providing privacy, happy pets, and space to relax or entertain. Located in an up-and-coming area already seeing growth, this home presents a great opportunity to enjoy beach living now while benefiting from future value. With no HOA and a location this close to the coast, opportunities like this are getting harder to find.
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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 |
|---|---|---|---|
| Apr 29, 2026 | Sold | ||
| Sold | |||
| Apr 3, 2026 | In contract | - | |
| In contract | |||
| Mar 24, 2026 | Listed by UNITED REAL ESTATE GALLERY | $389,900 | |
| Listed by UNITED REAL ESTATE GALLERY | |||
| Nov 4, 2021 | Sold | ||
| Sold | |||
| Aug 16, 2021 | Listed by UNITED REAL ESTATE GALLERY | $329,900 | |
| Listed by UNITED REAL ESTATE GALLERY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017