81
Map
202 Shore Drive
About This Property
Designed with both grand scale entertaining and everyday comfort in mind, the residence features expansive open living spaces, upgraded lacquer cabinetry, oversized closets throughout, and a thoughtfully designed walk in pantry with exceptional storage. The chef's kitchen flows seamlessly into the main living and dining areas, all perfectly positioned to maximize the sweeping waterfront backdrop. A stunning upstairs recreation room offers an additional entertaining space complete with wet bar, beverage refrigerator, ice maker, and incredible views from the second level.
The luxurious primary suite is a true retreat, featuring spa inspired finishes including a steam shower with dual rain heads and handheld fixtures, a TOTO heated toilet, and beautifully curated designer details. Three bedrooms offer the privacy and convenience of their own en suite baths.
Additional specialty spaces include a custom wine cellar, built-in pet wash station, separate upstairs storage room with garage access, and heated/cooled garages with beautifully crafted custom garage doors.
This smart home is extensively equipped with premium technology and infrastructure including Control4 whole-home automation, integrated security system, Lutron lighting, Sonos audio, underwater speaker system wiring, exterior Jellyfish lighting, invisible fence system, whole-house generator, and a whole-home water filtration system.
The outdoor living is equally spectacular. The fully turfed backyard was designed for low-maintenance luxury and features a private putting green, a stunning negative-edge saltwater pool and spa, expansive covered entertaining areas, outdoor kitchen with beverage center, SunBrite outdoor TV, outdoor shower, and dedicated pool bath. The sweeping bay views create an incredible backdrop for waterfront living, offering the perfect setting for both peaceful mornings and unforgettable evenings. Extending from the property is a private dock complete with both boat lift and two jet ski lifts, offering immediate access to life on the water.
Blending refined coastal elegance with state of the art amenities, this one of a kind waterfront residence delivers an extraordinary lifestyle experience from every angle.
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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 |
|---|---|---|---|
| Aug 7, 2026 | Price Decreased |
$5,550,000
↓ $100K
(1.8%) | |
| Price Decreased | |||
| Aug 1, 2026 | Price Decreased |
$5,650,000
↓ $100K
(1.7%) | |
| Price Decreased | |||
| Jul 24, 2026 | Price Decreased |
$5,750,000
↓ $100K
(1.7%) | |
| Price Decreased | |||
| May 15, 2026 | Listed by The Premier Property Group | $5,850,000 | |
| Listed by The Premier Property Group | |||
| Mar 20, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017