31
Map
21 Hersey Drive
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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 |
|---|---|---|---|
| May 26, 2026 | Sold | ||
| Sold | |||
| Mar 30, 2026 | In contract | - | |
| In contract | |||
| Feb 22, 2026 | Listed by William Raveis Real Estate | $3,199,000 | |
| Listed by William Raveis Real Estate | |||
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Located on a quiet seaside street in the heart Ocean Ridge just steps from the beach, this architecturally distinctive, newer-built smart home offers the best of refined coastal living. Spanning over 3,000 total square feet across two stories, the residence features four ensuite bedrooms, soaring ceilings, and a thoughtfully designed open layout. Walls of dramatic floor-to-ceiling glass provide for an abundance of natural light and showcase the home's ideal Southern exposure, creating seamless indoor and outdoor living. The chef's kitchen is a true statement, equipped with premium appliances from Gaggenau, Miele, and Wolf, combining sleek European design with professional-grade performance and tons of storage. Step outside to your own private retreat, complete with a sparkling saltwater pool, fully equipped summer kitchen, inviting alfresco dining area, generous green space, and a refreshing outdoor shower--ideal after a morning at the beach. Completed with a rooftop terrace where you can hear the ocean and feel the coastal breeze, this one-of-a-kind modern retreat delivers the ultimate in elevated seaside living. Call for more information or a private showing.
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| Jul 12, 2021 | Sold | ||
| Sold | |||
| May 21, 2021 | Listed by The Corcoran Group | $2,300,000 | |
| Listed by The Corcoran Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017