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35345 Beach Road
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 26, 2020 | Sold | ||
| Sold | |||
| Aug 23, 2019 | No longer available | - | |
| No longer available | |||
| Aug 12, 2019 | Listed | $7,750,000 | |
| Listed | |||
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This daring soft contemporary design creates a Zen-Like vibe that draws ocean, beach and home together, providing a feeling of well being. The exterior smooth finish stucco blends with natural weather sealed cedar wood for a dramatic flair set off by intriguing outdoor lighting. The interior sparkles with designer light fixtures complimenting the fine wood craftsmanship, marble, and stone built for a lifestyle of fun that also makes its point with sophistication and detail. Level one is all living area with Great Room, Dining, Chef Kitchen and beach front patio along with showcase 96 bottle temperature-controlled glass wine vault, convenience elevator 2 bathrooms, & mudroom. Second level provides Five En-Suite Bedrooms including master and retreat with ocean and sunset view deck. Designer selected finishes are among the finest anywhere. Features include electronic window coverings, efficiency systems, opaque transition privacy glass, multiple smart home systems, 2 fireplaces, security The manager has listed the unit size as 3761 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017