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2918 GULF DRIVE
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 |
|---|---|---|---|
| Sep 10, 2026 | Price Decreased |
$2,900,000
↓ $50K
(1.7%) | |
| Price Decreased | |||
| Jun 23, 2026 | Listed by BEACH HOUSE REAL ESTATE LLC | $2,950,000 | |
| Listed by BEACH HOUSE REAL ESTATE LLC | |||
| Dec 29, 2025 | Listed by BEACH HOUSE REAL ESTATE LLC | $2,950,000 | |
| Listed by BEACH HOUSE REAL ESTATE LLC | |||
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Brand New Luxury Beach is just one block from the beach, this brand new coastal retreat delivers the perfect blend of modern luxury, location, and income potential. Featuring four bedrooms, four and a half baths, plus a den. All bedrooms are en suite, offering exceptional comfort and privacy. Designed with elevated craftsmanship, the home showcases custom wood trim and cabinetry throughout, complemented by elegant stone countertops. A private elevator services all levels, leading to a spectacular rooftop deck with beautiful sunset views, ideal for entertaining or relaxing after a day at the beach.Outdoor living feels like a private resort with a pool and spa, surrounded by lush tropical landscaping. Located just steps from the beach and close to restaurants, shops, and local attractions, this property offers outstanding walkability and excellent rental potential, making it ideal as a primary residence, second home, or investment.
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| Mar 27, 2025 | Sold | ||
| Sold | |||
| Mar 10, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017