49
Map
3111 Dare Place
About This Property
This well-maintained home showcases timeless craftsmanship and thoughtful updates throughout. The bright kitchen features custom cabinetry, sage green and white granite countertops, stainless steel appliances, tile flooring, and multiple windows framing spectacular water views. The inviting living room boasts a beamed ceiling and a stunning stone fireplace with a wood-burning Lopi insert, while the sun-filled dining room is surrounded by windows that capture the beauty of the waterfront from every angle. Recent improvements include upgraded copper plumbing throughout, new insulation and electrical service in the dining room and office, and large Andersen hurricane-rated windows in the dining room, primary bedroom, and office. The lower level offers a spacious family and entertainment room complete with a bar, laundry area, and ample storage. Additional highlights include private parking for four vehicles, a detached garage with its own storage attic, and a truly unmatched waterfront setting. Home is being sold as is. Experience the tranquility, beauty, and lifestyle that only direct waterfront living can provide at 3111 Dare Place. This is a unique opportunity to own a one-of-a-kind waterfront home where every day feels like a vacation!
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Sep 9, 2026 | Relisted | $1,095,000 | |
| Relisted | |||
| Sep 1, 2026 | No longer available | - | |
| No longer available | |||
| Aug 7, 2026 | Price Decreased |
$1,095,000
↓ $54K
(4.7%) | |
| Price Decreased | |||
| Jul 10, 2026 | Price Decreased |
$1,149,000
↓ $100K
(8%) | |
| Price Decreased | |||
| Jun 12, 2026 | Listed by Compass Greater NY, LLC | $1,249,000 | |
| Listed by Compass Greater NY, LLC | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017