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2440 SE Bahia Way
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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%.
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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.
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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 |
|---|---|---|---|
| Nov 7, 2025 | In contract | - | |
| In contract | |||
| Oct 24, 2025 | Listed by LYNQ Real Estate | $6,900,000 | |
| Listed by LYNQ Real Estate | |||
| Nov 29, 2024 | Listed | $7,995,000 | |
| Listed | |||
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This 8,000-square-foot Mediterranean-style masterpiece in exclusive Sailfish Point blends timeless elegance with modern luxury. Designed by Donald Lilly, ASID, in collaboration with top architects and builders, the home exudes Old World charm with intricate craftsmanship throughout. A dramatic spiral staircase, soaring 22-ft. ceiling, and expansive water views greet you in the grand foyer, complete with coral-stone accents and a two-sided fireplace. The living and dining rooms feature Venetian-stucco coiffured ceilings, custom furnishings, and globally inspired decor, creating a luxurious yet inviting atmosphere. The open-concept kitchen boasts stained-maple cabinetry, a tumbled-stone backsplash, and a breakfast bar, flowing seamlessly into a family room with a custom entertainment wall,
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| Apr 22, 1994 | Sold | ||
| Sold | |||
| Oct 16, 1991 | Sold | ||
| Sold | |||
Property Highlights
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About South Hutchinson Island
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$6,000 /mo
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$9,900 /mo
- 3 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017