1936 Galaxy Drive
About This Property
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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%.
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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.
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 |
|---|---|---|---|
| Aug 25, 2025 | Sold | ||
| Sold | |||
| Aug 10, 2025 | In contract | - | |
| In contract | |||
| Jul 18, 2025 | Price Decreased |
$7,245,000
↓ $250K
(3.3%) | |
| Price Decreased | |||
| Jun 4, 2025 | Listed by Kase Real Estate | $7,495,000 | |
| Listed by Kase Real Estate | |||
| Apr 29, 2025 | Listed | $7,995,000 | |
| Listed | |||
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This architectural ranch-style gem in Dover Shores offers striking design, breathtaking Back Bay and city light views, and an abundance of outdoor space, including a private courtyard with a stunning pool and spa. Set on a 9,000 square foot lot, the 3,355 square foot home features 4 bedrooms and 4 bathrooms, welcoming you with a custom white oak entry, soaring beamed ceilings, and a seamless indoor-outdoor flow. The living and dining rooms showcase a white brick fireplace, serene vistas, and a custom built-in bar. Anchoring the home is a showpiece chef’s kitchen with Calacatta marble countertops, floating white oak shelving, designer brass hardware, and top-tier appliances. The expansive deck is an entertainer’s dream with a fire pit, dining area, and lounge space overlooking panoramic views. Major structural upgrades—including a massive grade beam and multiple caissons—make this one of the most soundly built homes in the area. The luxurious primary suite opens to the deck through folding glass doors and offers a spa-like bath with a freestanding tub, glass-enclosed shower, and polished Calacatta marble finishes. Three additional ensuite bedrooms and a versatile family room opening to the pool complete the layout. High-end details include white European oak floors, custom tile work, a three-car garage, and a well-appointed laundry room with double-stacked appliances. Residents of Dover Shores enjoy private beach access, scenic trails, and proximity to the Newport Aquatic Center. This is a rare opportunity to experience sophisticated coastal living with flawless craftsmanship and design.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017