265 Coast Boulevard #9
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 |
|---|---|---|---|
| Nov 7, 2025 | Sold | ||
| Sold | |||
| Oct 2, 2025 | In contract | - | |
| In contract | |||
| Sep 23, 2025 | Price Decreased |
$2,595,000
↓ $55K
(2.1%) | |
| Price Decreased | |||
| May 28, 2025 | Listed by Willis Allen Real Estate | $2,650,000 | |
| Listed by Willis Allen Real Estate | |||
| | |||
|
This meticulous townhome in a building designed by renowned architect Rod Youngson combines sophistication & comfort in a prime location. Just steps from pristine beaches, parks, and the vibrant village, this property offers both serenity and convenience. Living like a single-family residence, this end-unit was recently renovated with thoughtful updates while maintaining its original character. Upon entry, you'll find bright, open living spaces with soaring ceilings that flow out to an expansive private patio with a built-in BBQ ideal for entertaining or relaxing. Upstairs a spacious primary bedroom features its own outdoor terrace and large walk-in closet, plus a generous landing area that can be used as an office, den, or extra living space—perfect for working from home. Additionally, a large private laundry and utility room conveniently located by the attached garage enhances the home's functionality. If you're looking for that hard to find combination of elegant design, exceptional location, and indoor-outdoor living with the simplicity of a lock & leave condo, this is a must-see!
| |||
| Oct 25, 2024 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/28/2025
|
2 Bed
|
2 Bath
|
1673 ft²
|
$2,650,000
2 Bed
2 Bath
1673 ft²
|
$2,555,000
-3.58%
11/07/2025
|
Drew Nelson
Willis Allen Real Estate
| |
|
08/13/2024
|
2 Bed
|
3 Bath
|
1673 ft²
|
$2,500,000
2 Bed
3 Bath
1673 ft²
|
$2,475,000
-1.00%
10/25/2024
|
Meghan Santos
Willis Allen Real Estate
| |
|
04/11/2014
|
2 Bed
|
2 Bath
|
1658 ft²
|
$1,399,000
2 Bed
2 Bath
1658 ft²
|
$1,350,000
-3.50%
06/27/2014
|
Kaid Marouf
Isabel Realty Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017