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1701 Seaside Drive
About This Property
Situated on three prime lots, this fully furnished 5-bedroom, 4.5-bath home offers the perfect blend of coastal elegance and investment opportunity. A grand foyer welcomes you into a spacious open layout with a gourmet kitchen, ocean-view balconies, and high-end designer finishes throughout.
Enjoy two primary suites, two junior suites with spa-inspired baths, a game room with wet bar, elevator access to all floors, and a ground-level hot tub. Built in 2007 with 4,165 sq ft of living space on a 5,605 sq ft lot, this home is ideal for entertaining, relaxation, and rental income.
Live the ultimate beachfront lifestyle or capitalize on proven short-term rental potential at 1701 Seaside Drive.
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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 |
|---|---|---|---|
| Jun 18, 2025 | Sold | ||
| Sold | |||
| May 30, 2025 | In contract | - | |
| In contract | |||
| Apr 26, 2025 | Price Decreased |
$2,695,000
↓ $55K
(2%) | |
| Price Decreased | |||
| Nov 8, 2024 | Listed by Apex Brokerage, LLC | $2,750,000 | |
| Listed by Apex Brokerage, LLC | |||
| Jul 18, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017