220 Ludlow Avenue
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 1, 2025 | Sold | ||
| Sold | |||
| Oct 10, 2025 | In contract | - | |
| In contract | |||
| Oct 1, 2025 | Listed by Ward Wight Sotheby's International Realty | $5,849,000 | |
| Listed by Ward Wight Sotheby's International Realty | |||
| Jun 30, 2025 | Listed | $5,849,000 | |
| Listed | |||
| | |||
|
Welcome to this stunning New Construction ideally located on the north end of Spring Lake, just three blocks from the beach & boardwalk and moments to the shops & dining along Third Ave. This exceptional home offers fine architectural details offering the perfect combination for privacy & retreat. An inviting front porch invites you to four impressive levels of casual comfortable shore living. Designed with timeless coastal elegance, the home features six bedrooms, six full and 1 half baths and an open floor plan that seamlessly connects the living room, dining area and gourmet kitchen ~ ideal for everyday living and entertaining. Thoughtfully appointed with custom millwork throughout, the interior exudes quality craftsmanship and attention to detail. The fully finished lower level includes a legal bedroom, full bath, office, exercise room and a spacious family room and gaming area with custom built-ins. Enjoy the saltwater heated gunite pool and patio for summer days at home. A one car detached garage thoughtfully designed with rooftop placement of AC condensers and a full house generator to maximize yard space which completes the picture-perfect shore retreat. Estimated Completion Date is July 21st.
| |||
| Dec 13, 2024 | Listed | $5,849,000 | |
| Listed | |||
| | |||
|
New Construction underway at 220 Ludlow Ave in Spring Lake with an estimated completion date for July 2025. The best of all worlds exists when you are just minutes away from gourmet restaurants, pristine beaches or quiet strolls on the boardwalk. Here is your chance to add and create your own vision by selecting your finishes to personalize your dream home. Four spacious levels for easy living and entertaining offering 5/6 bedrooms, 5 1/2 baths and an open concept floor plan that unites the family room, gourmet chef's kitchen and dining area. Wide plank white oak engineered hardwood floors, custom cabinetry & rich millwork throughout are just a few of the interior amenities. The lower level has a exercise room, recreation area, bedroom & full bath. A detached one car garage, saltwater heated gunite pool, outdoor shower and patio complete this home. Any and all possibilities exist in this amazing home, as luxury is meant to be lived in.
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017