226 3rd Avenue
About This Property
Perfectly situated just steps from the shore, this inviting home combines coastal charm, comfort,
and endless possibilities. A welcoming front porch sets the tone before entering a bright, airy interior. The kitchen flows seamlessly into the family room, complemented by a convenient wet bar-ideal for entertaining guests or unwinding after a day by the ocean. The home offers three spacious bedrooms, two beautifully updated baths, and a private outdoor shower, bringing the beach lifestyle right to your door. Outdoors, enjoy summer living on the expansive deck with retractable awning, perfect for barbecues, morning coffee, or sunset cocktails.
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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 |
|---|---|---|---|
| Dec 10, 2025 | Sold | ||
| Sold | |||
| Oct 23, 2025 | In contract | - | |
| In contract | |||
| Sep 16, 2025 | Listed by Coldwell Banker Res. Brokerage | $1,550,000 | |
| Listed by Coldwell Banker Res. Brokerage | |||
| Sep 30, 2015 | Sold | ||
| Sold | |||
| Jun 28, 2015 | Listed by Richard I. Wood Agency | $629,000 | |
| Listed by Richard I. Wood Agency | |||
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Absolutely beautiful single family home with 3 bedrooms, 2 baths with an office area. Sit on your front or rear decks and enjoy the Outdoor Music System with a TV attachment. The rear deck has a retractable awning This home was COMPLETELY REDONE in 2012 including a new roof. It is the owners main residence. All SS appliances and completely remodeled kitchen with easy slide in and out drawers, double ovens. Central hot air heating system. This home is located approx. 2 blocks to the beach. It is a FABULOUS family home or rental property. Front and Rear Open Porches! The yard is completely fenced in. There are 8 Flood Vents located on the house. Shed in the rear for storage. Wainscoating.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017