2132 E Oceanfront
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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 29, 2025 | Sold | ||
| Sold | |||
| Jul 1, 2025 | Price Decreased |
$12,995,000
↓ $905K
(6.5%) | |
| Price Decreased | |||
| Mar 11, 2025 | Listed by Luxe Real Estate | $13,900,000 | |
| Listed by Luxe Real Estate | |||
| | |||
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Welcome to a coastal masterpiece where every detail has been thoughtfully designed for a life of refined ease. This James Kincannon estate, reimagined by acclaimed designer Becki Owens, sits gracefully on approximately 40 feet of pristine beachfront—completely free of intrusive boardwalks so that the spellbinding views of “The Wedge,” the vast ocean, Catalina, and unforgettable sunsets remain exclusively yours.
From the moment you arrive, the home’s renewed façade welcomes you with its luminous, smooth stucco exterior, warm hardwood flooring, and an exquisitely crafted custom height garage door. Step inside to discover a space where every nuance speaks to a sophisticated, yet human, sensibility. In the open, airy living area, expansive floor-to-ceiling Western accordion doors blur the line between the sumptuous interior and the tranquil patio living, inviting the coastal beauty right into your daily life. Let the tech-savy feel right at home with Control4 home automation.
The heart of this 3-bedroom, 3.5-bath sanctuary is its gourmet kitchen—complete with striking slab Calcutta quartz waterfall countertops and top-tier Viking Pro 8 burner stove top and appliances—where intimate gatherings become a celebration of both flavor and style. Venture upward to the private second level, where each bedroom is a retreat in its own right, including two indulgent en suites. The master suite, in particular, is a private haven featuring dramatic glass walls that frame the ever-changing seascape, a secluded deck, and a spa-inspired bath with a book-matched Calacatta Gold Borghini marble shower and a freestanding tub designed for pure relaxation.
Every element of this home is curated with the discerning buyer in mind—from a beautifully appointed double-set laundry room to a 360-degree rooftop deck perfect for sunset soirees, Dine al fresco with your Memphis Elite BBQ and take that outdoor shower after a surf session that echoes the casual luxury of beachside living. This is not just a residence; it’s a personal invitation to experience coastal living at its most elegant and human, tailored for those who appreciate the extraordinary.
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| Jun 6, 2018 | Sold | ||
| Sold | |||
| Apr 5, 2018 | Listed by Villa Real Estate | $7,450,000 | |
| Listed by Villa Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017