52
Map
1906 Bay Drive
About This Property
The thoughtfully designed interior features an open-concept kitchen that flows effortlessly into a spacious living and dining area, highlighted by sleek tile flooring and walls of glass that invite the ocean in. Upstairs, rich wood floors lead to a show stopping primary suite with breathtaking views, a private balcony, and a fully renovated spa-inspired bath complete with a soaking tub and private sauna. Step outside to a private pool and patio area designed for true relaxation and entertaining. Whether you're enjoying a quiet morning swim or hosting guests with the ocean as your backdrop, the outdoor space perfectly complements the coastal lifestyle.
Offering the ultimate in coastal living, this residence blends timeless elegance with modern comfort in an unbeatable beachfront location.
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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 17, 2026 | Sold | ||
| Sold | |||
| May 13, 2026 | In contract | - | |
| In contract | |||
| Apr 6, 2026 | Relisted | $8,495,000 | |
| Relisted | |||
| Mar 24, 2026 | In contract | - | |
| In contract | |||
| Mar 11, 2026 | Price Decreased |
$8,495,000
↓ $500K
(5.6%) | |
| Price Decreased | |||
Property Highlights
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About Hillsboro Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017