21 NORTHSHORE DRIVE
About This Property
Just a short walk from private community beach access and resort amenities, this homesite offers the perfect balance of golf and coastal living.
Located within the exclusive Hammock Beach Resort community, owners have the opportunity to purchase optional Hammock Beach Club memberships, providing access to two championship golf courses, a multi-level pool complex with a lazy river and waterslide, state-of-the-art fitness center, full-service spa, tennis and pickleball courts, and multiple restaurants.
Whether you're planning a full-time residence, luxury vacation retreat, or long-term investment, this prime homesite offers an exceptional opportunity to own in one of the East Coast's most desirable resort communities.
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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 |
|---|---|---|---|
| Jul 16, 2026 | Price Increased |
$489,000
↑ $39K
(8.7%) | |
| Price Increased | |||
| Jul 2, 2026 | Listed by REAL BROKER, LLC | $450,000 | |
| Listed by REAL BROKER, LLC | |||
| Sep 20, 2025 | Price Decreased |
$425,000
↓ $20K
(4.5%) | |
| Price Decreased | |||
| Apr 24, 2025 | Price Decreased |
$445,000
↓ $20K
(4.3%) | |
| Price Decreased | |||
| Mar 14, 2025 | Listed | $465,000 | |
| Listed | |||
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One of the best valued remaining lots in Northshore Estates in Hammock Beach Resort and it is on the Golf Course! This exceptional lot offers a rare opportunity to build your dream home in one of the East Coast’s most sought-after luxury communities with no time frame to build. This lot is Located just a 1/3 mile walk from the Atlantic Ocean with private community beach access. Back yard views are of the scenic 13th hole of the Jack Nicklaus Signature Ocean Course. Enjoy sunrises on your front balconies and stunning golf course sunsets from rear of homesite. Situated within a secure, gated resort community with world-class amenities. Residents have access to optional Hammock Beach Club memberships, which include championship golf courses, a multi-level pool complex with a lazy river and waterslide, a state-of-the-art fitness center, a full-service spa, tennis and pickleball courts, and multiple on-site dining options. This is a rare opportunity to own a prime piece of coastal real estate just steps from the beach. Whether you are looking for a primary residence, vacation home, or investment property, this lot offers unbeatable value in a premier location.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017