51
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212 Driftwood Road
About This Property
Designed to impress and perform, this home comfortably accommodates up to 30 guests while offering parking for 10+ vehicles, making it ideal for large groups, events, and high-end short-term rentals. A short walk to the beach is complemented by an exceptional private resort setting at home.
The outdoor living experience rivals a boutique resort, featuring a heated pool and spa, in-pool concrete picnic table, Royal Teak furnishings, and a fully equipped outdoor kitchen-all surrounded by low-maintenance, lifelike synthetic turf for year-round beauty. Inside, expansive floor-to-ceiling sliding glass doors on the first and second levels create seamless indoor-outdoor living with a California-coastal feel. Entertainment is taken to the next level with a multi-level in-home movie theater, elevator, whole-home Sonos system, multiple arcade games, and pool table.
Thoughtfully engineered as a true high-performance rental, the home maximizes sleeping capacity without sacrificing quality or design. Offered fully furnished and rental-ready, this no-HOA property carries an estimated projected annual income of nearly $400,000.
Hypnautic isn't just a beach houseit's a turn-key luxury experience built to entertain, impress, and perform.
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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 17, 2026 | Price Decreased |
$3,970,000
↓ $25K
(0.6%) | |
| Price Decreased | |||
| Feb 5, 2026 | Listed by EXP Realty LLC | $3,995,000 | |
| Listed by EXP Realty LLC | |||
| Jul 1, 2025 | Price Decreased |
$3,999,000
↓ $201K
(4.8%) | |
| Price Decreased | |||
| Mar 11, 2025 | Listed | $4,200,000 | |
| Listed | |||
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Welcome to ''Hypnautic'', a luxury newly constructed beach house, boasts of 6650 square feet across three levels, featuring multiple indoor areas, outdoor living areas, fourth floor rooftop observation deck with panoramic gulf views. This property is thoughtfully designed to optimize maximum space for up to 30 guests and parking for over 10 vehicles. Walk the short distance to nearby beaches or enjoy the amenities provided in this beach retreat, including a superior outdoor space with resort style heated pool, hot tub, in-pool concrete picnic table, Royal Teak outdoor furniture and full outdoor kitchen. The large sliding doors on the first and second floor lend to that California style living with seamless outdoor-indoor living on two levels. Other notable features are in-home multi level movie theater, home elevator, Sonos system, multiple arcades, pool table and no HOA. Lifelike synthetic turf provides zero maintenance and year-round beautification. This home has it all the essentials for entertaining: rental machine was thoughtfully designed to optimize sleeping capacity without compromising quality and function with almost $400,000 in projected annual income. Sold fully furnished and rental ready for up to 30 guests.
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| Feb 17, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017