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265 Rue Martine
About This Property
Spanning 4,332 square feet, the interior unfolds with clean lines, light-filled spaces, and unfussy finishes that feel both current and timeless. The main living areas are open and inviting, designed for gathering without excess-perfect for full-time living, long weekends, extended stays, and effortless entertaining. The kitchen anchors the home with generous workspace, streamlined cabinetry, designer appliances, and an intuitive flow to dining and living areas.
With five bedrooms and four baths, the layout offers flexibility for family and guests alike. Upstairs, a dedicated playroom was intentionally designed for movement and imaginationtumbling, games, and laughter encouraged. Even the pool table conveys, reinforcing the home's playful spirit. A separate viewing lounge on the upper level opens to its own breezy balcony, where endless Gulf views and unforgettable sunsets become part of the daily rhythm.
Outdoors, the property truly distinguishes itself. One of Caribe's most spacious backyards provides a rare sense of room to roam, featuring an in-ground hot tub, outdoor kitchen, and ample space for gathering, relaxing, and celebrating coastal life. It's a backyard built for long afternoons, barefoot evenings, and easy entertaining.
Additional features include a single-car garageideal for beach gear and daily essentialsalong with thoughtful storage and a layout that prioritizes living over maintenance.
Located within guard-gated Caribe, residents enjoy private beach access, community pools, tennis courts, and a setting that feels both protected and peaceful. Short-term rentals are permitted with restrictions, offering flexibility for personal use or investment.
This is modern coastal living without pretensebuilt for longevity, designed for play, and framed by Gulf views you'll never tire of. Come experience Caribe at its most effortless.
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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 |
|---|---|---|---|
| Aug 3, 2026 | Sold | ||
| Sold | |||
| May 22, 2026 | In contract | - | |
| In contract | |||
| May 5, 2026 | Price Decreased |
$2,200,000
↓ $150K
(6.4%) | |
| Price Decreased | |||
| Jan 30, 2026 | Listed by Cindy Cole Fine Homes LLC | $2,350,000 | |
| Listed by Cindy Cole Fine Homes LLC | |||
| Dec 15, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017