34 Farragut Drive
About This Property
Upstairs, a private Primary suite features vaulted ceilings, dual closets, a Jacuzzi tub and private access to a brand new fiberglass deck overlooking the lagoon. Three additional bedrooms, a beautifully updated bath with a marble double vanity, and a finished third-floor bonus room offer plenty of space for guests, work and play. This exceptional home truly has it all- modern upgrades, thoughtful design and premium waterfront amenities. Don't miss your chance to enjoy the best of bay living!
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 15, 2025 | Sold | ||
| Sold | |||
| Aug 2, 2025 | In contract | - | |
| In contract | |||
| Jul 17, 2025 | Listed by RE/MAX Revolution | $1,200,000 | |
| Listed by RE/MAX Revolution | |||
| Apr 30, 2021 | Sold | ||
| Sold | |||
| Aug 26, 2020 | Listed by Keller Williams Realty West Monmouth | $659,900 | |
| Listed by Keller Williams Realty West Monmouth | |||
| | |||
|
WATERFRONT TURN KEY GEM in the highly sought out Shore Acres! Minutes from the open bay this 4 BED, 3 FULL BATH home features an OPEN FLOOR PLAN, 2-STORY FOYER, HIGH-END Kitchen with CENTER ISLAND, QUARTZ countertops, STAINLESS STEEL appliances, built-in WINE FRIDGE, BAMBOO floors, CUSTOM MOLDINGS, extra LARGE LAUNDRY room, 1st floor BONUS ROOM, and sliders out to the PAVER waterfront patio with FIREPIT and 50 FOOT DOCK! Upstairs features a 2nd FLOOR DECK overlooking the lagoon, MASTER ENSUITE with WALK-IN closet, JACUZZI tub, sliders to the 2nd floor deck, and VAULTED CEILINGS! In addition to the 4 upstairs bedrooms, there is a MARBLE DOUBLE VANITY full bath and 3rd FLOOR BONUS ROOM! Schedule your showings today for this RARE OPPORTUNITY to own your own WATERFRONT dream home!
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017