21 PILOT POINT
About This Property
Relax on the private balcony off the primary bedroom or enjoy the first-floor screened porch while taking in the refreshing bay breezes and breathtaking water views. Just a short walk or bike ride to the shops, restaurants, and charm of Historic Lewes.
This is a rare opportunity. Homes in this sought-after community rarely come to market and often sell without ever being publicly listed. Whether you're looking for the perfect beach getaway or an attractive rental investment, this one is not to be missed!
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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 |
|---|---|---|---|
| Sep 1, 2026 | In contract | - | |
| In contract | |||
| Aug 26, 2026 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $1,899,000 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
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| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017