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3540 Oak Ave
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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%.
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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 |
|---|---|---|---|
| Jun 24, 2026 | Listed by C W V Realty Group LLC | $3,435,000 | |
| Listed by C W V Realty Group LLC | |||
| Jan 6, 2026 | Listed | $3,600,000 | |
| Listed | |||
| | |||
|
Stunning modern LEED-certified/Wellness residence at 3540 Oak with 4 bedrooms 4.5 bathrooms, offering approximately 3034 square feet of air-conditioned living space and approximately 4000 square feet of total area, thoughtfully designed for luxury & comfort. This beautifully appointed home features four spacious bedrooms, four full bathrooms plus a cabana bath, and a seamless indoor-outdoor layout ideal for entertaining. Designed with advanced building systems, the home promotes a healthier indoor environment through continuous fresh-air ventilation, enhanced air quality, balanced humidity, and low-VOC materials that help reduce indoor pollutants. Outdoor living is elevated with a private pool and summer kitchen, perfect for gatherings and everyday enjoyment. Additional features include a two-car garage, Low-E impact windows, and elegant Italian kitchen cabinetry—blending modern design with energy efficiency and upscale finishes. A perfect fusion of contemporary architecture, sustainability, and functionality, this exceptional residence reflects the wellness-driven philosophy of Ciel Grove, where forward-thinking design supports well-being, peace of mind, and a higher quality of life. Optionals: solar, battery backup, EV chargers. Expected delivery timeline: February, 2026
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| May 20, 2016 | Sold | ||
| Sold | |||
| Mar 13, 2014 | Sold | ||
| Sold | |||
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About Southwest Coconut Grove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017