167 Everglade Avenue
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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.
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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 30, 2025 | Sold | ||
| Sold | |||
| Sep 26, 2025 | In contract | - | |
| In contract | |||
| Sep 9, 2025 | Listed by The Corcoran Group | $20,500,000 | |
| Listed by The Corcoran Group | |||
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Stunning ocean block, custom 4-bedroom, 4.2-bath home spans 6,030 sq. ft. and showcases timeless elegance with modern luxury. Designed by Thomas Kirchhoff, the residence features a first-floor master suite, study, and a chef's kitchen with a center island opening to a spacious family room and screened loggia overlooking a lush yard, pool/spa, and cabana bath. Upstairs offers three en-suite bedrooms, a sitting room, a wet bar, laundry, and a large terrace—perfect for guests. High end finishes include extensive pecky cypress woodwork, custom millwork, 10-foot ceilings, a wine wall with a 450-bottle fridge, two gas fireplaces, multiple fountains, and a two-car garage. Deeded beach access and a full house generator complete this exceptional offering.
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| Aug 20, 2021 | Sold | ||
| Sold | |||
| Jun 1, 2021 | Listed by Linda R. Olsson, Inc. | $17,198,000 | |
| Listed by Linda R. Olsson, Inc. | |||
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About Ocean Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017