2385 Bay View Avenue
About This Property
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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 |
|---|---|---|---|
| Jul 28, 2026 | Listed by Coldwell Banker Realty | $7,450,000 | |
| Listed by Coldwell Banker Realty | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Oct 2, 2024 | Listed | $7,900,000 | |
| Listed | |||
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Located on coveted Carmel Point, just one block from both of Carmel's world-famous beaches, this beautifully remodeled Green Point Rated home has gorgeous views stretching from Carmel Bay to Pebble Beach and is a Net Zero Energy home with carbon-neutral and sustainable features. The objective of the comprehensive remodel was to create a biophilic (nature-centric) home while reducing its ecological footprint by incorporating energy and water-efficient features, using only ecologically-friendly materials in ways that are both attractive and inspiring. Materials on the Red List were not used. Huge windows bring the outdoors inside with the living room area boasting fabulous sand and whitewater views. Other highlights include 3 bedrooms, 3 bathrooms, a custom metal and glass front door, indoor living wall designed with plants in different textures, shapes and colors to highlight the spiral pattern complementing the wave motif on the front door, a well-appointed kitchen, natural wine cellar, and custom metalwork throughout. With outstanding options for dining, shopping, and outdoor activities within close proximity, this harmoniously designed Carmel beach house is ready for its lucky new owners to enjoy for years to come.
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| May 25, 2012 | Sold | ||
| Sold | |||
| Feb 7, 2012 | Listed by Alain Pinel Realtors | $2,875,000 | |
| Listed by Alain Pinel Realtors | |||
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Some of biggest & best views from the avenue so named can be had from this over-sized home with lots of living space. Sheltered on the front side, a quaint courtyard leads you to the front door into your view almost like you are stepping out onto the water! A great opportunity to remodel this older home with over 2100 SF into a fantastic Carmel Cottage with very big Bay Views.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017