28
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337 Shell Walk
About This Property
Designed for both relaxation and entertaining, the property also includes central air conditioning, a dedicated recreation space, laundry room, and a panoramic rooftop deck with sweeping views. Rarely does a home of this size, quality, and privacy become available - an exceptional opportunity for luxurious coastal living.
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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 28, 2026 | In contract | - | |
| In contract | |||
| May 14, 2026 | Listed by D Katen Fire Island Prop LTD | $1,749,999 | |
| Listed by D Katen Fire Island Prop LTD | |||
| Oct 16, 2025 | No longer available | - | |
| No longer available | |||
| Oct 30, 2024 | Listed by Vinnie Petrarca Fire Island | $1,995,000 | |
| Listed by Vinnie Petrarca Fire Island | |||
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This one of a kind, family sized and unusually large 5 bedroom, 4 bath has been completely renovated to the highest standard. Ultra private, comfortable and beautifully finished, this contemporary home features an open gourmet kitchen / dining area that leads onto large pool deck complete with hot tub and fire pit. The many amenities include central AC, "man cave", laundry room & panoramic roof deck.
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| Nov 7, 2008 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017