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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 20, 2025 | Sold | ||
| Sold | |||
| May 19, 2025 | In contract | - | |
| In contract | |||
| Dec 12, 2024 | Listed by Premier Sotheby's Int'l Realty | $14,900,000 | |
| Listed by Premier Sotheby's Int'l Realty | |||
| | |||
|
Ideally positioned just one block from the beach, this British West Indies estate, on an oversized .73-acre lot, is a rare opportunity. Featuring just under 7,000 square feet of interior living space, the expansive outdoor area includes a spacious covered lanai with inviting pool and spa, and outdoor kitchen, ideal for entertaining. High ceilings, new wood flooring and sophisticated finishes throughout offer a sense of luxury and comfort. The first-floor primary suite overlooks the backyard private oasis and lushly landscaped grounds, while the second level features a study, additional living space, four generous guestrooms with en suites and wraparound deck. The fully renovated kitchen, formal dining area and butler’s pantry is a chef’s dream with all new appliances, wine cooler and coffee machine. A three-car garage, elevator, generator and pool bath complete the northern exposure home. The anticipated new Four Seasons Beach Club, and downtown restaurants and shops are just a short distance away!
| |||
| Oct 27, 2023 | Listed by Premier Sotheby's Int'l Realty | $14,900,000 | |
| Listed by Premier Sotheby's Int'l Realty | |||
| | |||
|
Perfectly positioned just one block from the beach, this British West Indies estate, on an oversized .73-acre lot, is a rare opportunity. Featuring just under 7,000 square feet of interior living space, the expansive outdoor area includes a spacious covered lanai with inviting pool and spa, and outdoor kitchen, perfect for entertaining. High ceilings, new wood flooring and sophisticated finishes throughout offer a sense of luxury and comfort. The first-floor primary suite overlooks the backyard private oasis and lushly landscaped grounds, while the second level features a study, additional living space, four generous guestrooms with en suites and wraparound deck. The fully renovated kitchen, formal dining area and butler’s pantry is a chef’s dream with all new appliances, wine cooler and coffee machine. A three-car garage, elevator, generator and pool bath complete the Northern exposure home. The highly anticipated new Four Seasons Beach Club, and downtown restaurants and shops are just a short distance away!
| |||
| Feb 4, 2015 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017