325 Beach 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 |
|---|---|---|---|
| Apr 10, 2026 | Sold | ||
| Sold | |||
| Mar 5, 2026 | In contract | - | |
| In contract | |||
| Jan 31, 2026 | Listed by Bailey Properties | $2,795,000 | |
| Listed by Bailey Properties | |||
| Jun 4, 2025 | Listed | $2,995,000 | |
| Listed | |||
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Experience the Good Life of Beach Front Living with expansive sandy beaches for miles! This is the best value available on the beachfront! 4 bedrooms, 2.5 baths and sleeps 10 comfortably... Perfect primary home or vacation rental! No restrictions on rentals on this street! Full of charm and character, this lovely beach house has the perfect large deck for outdoor living with expansive 180 degree views of Monterey Bay. Updated kitchen and baths, hardwood floors, fireplace, formal dining room, back patio with storage shed, and ready to move in or start booking summer rentals. Walk to great restaurants, world class hiking and biking just minutes away, fun summer surf and sand in your front yard, watch whales and porpoise swim by, and sunsets every night! This is truly a special the opportunity to own a cool beach house!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017