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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 |
|---|---|---|---|
| Jun 24, 2026 | Sold | ||
| Sold | |||
| May 29, 2026 | In contract | - | |
| In contract | |||
| May 22, 2026 | Listed by Sailfish Point Realty, LLC | $4,350,000 | |
| Listed by Sailfish Point Realty, LLC | |||
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This Mediterranean-inspired smart home blends beauty, sophistication, & modern convenience through thoughtfully integrated home automation systems. The great room features coffered ceilings, a gas fireplace, honed travertine marble flooring, & French doors that frame sweeping views of the infinity-edge pool and golf course beyond. The covered loggia is designed for effortless outdoor living, complete with a fireplace & built-in gas grill. The gourmet kitchen is appointed with professional-grade appliances, custom white maple cabinetry, & quartz countertops. The first-floor primary suite offers hardwood flooring in the bedroom & polished marble finishes in the bath. Three en suite guest bedrooms on the second floor provide comfortable accommodations for guests. Just steps from the beach, the home also enjoys tranquil lake & golf course views, creating the perfect setting for both sunrise strolls & spectacular sunsets. Sailfish Point offers a full-service marina for boats up to 100 ft, private airport access with US Customs on-site, & an oceanfront country club w dining, tennis, pickleball, a fitness center, spa, & even a helipad.
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| Dec 17, 2018 | Sold | ||
| Sold | |||
| Oct 25, 2018 | Listed by Sailfish Point Realty | $2,545,000 | |
| Listed by Sailfish Point Realty | |||
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About South Hutchinson Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017