29
Map
3200 Eagle 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 |
|---|---|---|---|
| May 29, 2026 | Sold | ||
| Sold | |||
| May 21, 2026 | In contract | - | |
| In contract | |||
| May 8, 2026 | Listed by Alex MacWilliam, Inc. | $1,895,000 | |
| Listed by Alex MacWilliam, Inc. | |||
| Jan 3, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Dec 8, 2025 | Listed by Savvy Avenue LLC | $2,100,000 | |
| Listed by Savvy Avenue LLC | |||
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Prime Central Beach Major Investment Redevelopment Opportunity! Rarely available 5-unit apartment building located East of A1A at the corner of Bougainvillea Lane and Eagle Drive — just two blocks from the ocean. Walk to Ocean Drive’s shops, dining, and entertainment, including the Ocean Grill, Driftwood Inn, and Riverside Park. This well-maintained property features five income-producing units with an on- site laundry room and annual tenants. Property also presents a prime redevelopment opportunity for greater return. Also Listed as a Multifamily MLS#291588.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017