337 PLAZA
About This Property
Each of the two pristine bathrooms reflects a keen attention to detail and modern amenities. The whole house water filtration and softener system are one of the many details that are included in this home. The open floor plan invites you into a world of airy tranquility, with a great entertaining space featuring a stylish bar in the living room. The eat-in kitchen is a delight for culinary enthusiasts, while the large dining area accommodates both intimate dinners and larger gatherings. Bathed in natural light, this home truly embodies the beach lifestyle. Step outside to enjoy the convenience of being just moments from the sandy shores, vibrant town center, and multiple parks. Embrace the active community spirit as you walk or bike through the picturesque beach community.
After a sun-soaked day, the outdoor shower awaits to provide a refreshing rinse before relaxing on the covered patio amidst the beautifully landscaped garden, which boasts multiple fruit trees, vegetables, and plants- a gardener's dream which uses a rainwater system to irrigate. The property includes two built-in storage sheds, ensuring ample space for bikes, beach toys, and tools.
Rounding out this coastal gem is a circular driveway providing plentiful parking. This is more than just a home; it's a lifestyle. Make your seaside living aspirations a reality and let the sound of the waves be your daily soundtrack.
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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 3, 2025 | Sold | ||
| Sold | |||
| Mar 5, 2025 | In contract | - | |
| In contract | |||
| Feb 15, 2025 | Relisted | $1,235,000 | |
| Relisted | |||
| Feb 13, 2025 | No longer available | - | |
| No longer available | |||
| Jan 30, 2025 | Price Decreased |
$1,235,000
↓ $40K
(3.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017