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1777 SOUTHPOINT Cove
About This Property
Turnkey and move-in ready with newer appliances, an 8-year-old roof and updated A/C, this home fills the ''close and move-in right away'' box that can be difficult in an established neighborhood.
Bright, functional living areas that are open and inviting are perfect for a relaxed lifestyle. The primary bedroom and guest rooms are huge by today's standards and will accommodate most furnishing needs. Combine this home with its location, proximity to the river and beaches and one of the best school districts makes this property a must see. This home is easy to show, so please put this on your list of homes to see today. Thank you for viewing!
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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 |
|---|---|---|---|
| Jun 12, 2026 | Sold | ||
| Sold | |||
| May 20, 2026 | In contract | - | |
| In contract | |||
| May 12, 2026 | Price Decreased |
$499,950
↓ $4K
(0.7%) | |
| Price Decreased | |||
| Apr 30, 2026 | Price Decreased |
$503,500
↓ $6K
(1.3%) | |
| Price Decreased | |||
| Mar 27, 2026 | Listed by JPAR CITY AND BEACH | $509,900 | |
| Listed by JPAR CITY AND BEACH | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017