35461 Beach Road
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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%.
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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 |
|---|---|---|---|
| Apr 14, 2026 | Sold | ||
| Sold | |||
| Apr 8, 2026 | In contract | - | |
| In contract | |||
| Jan 19, 2026 | Price Decreased |
$9,250,000
↓ $625K
(6.3%) | |
| Price Decreased | |||
| Apr 15, 2025 | Listed by Luxe Real Estate | $9,875,000 | |
| Listed by Luxe Real Estate | |||
| | |||
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Luxurious Contemporary Oceanfront Masterpiece on Coveted Beach Road-
Experience the pinnacle of coastal living in this architecturally stunning, contemporary-style oceanfront home—expertly designed by Timothy Wilkes Architects, custom built and engineered by Weeks and Falcon, with interior design by Carol McMahon. Situated on one of the premier lots along the exclusive, guard-gated Beach Road enclave, this home offers breathtaking, unobstructed ocean views and direct beach access.
The open-concept floor plan features a spacious great room with soaring ceilings, a sleek island kitchen with top-tier appliances, dual refrigerators, a wine fridge, and a stone fireplace. A wall of glass sliders opens to an expansive oceanfront deck, creating seamless indoor-outdoor flow. Additional highlights on the main level include an elevator, powder bath, and modern finishes throughout.
Upstairs, the show-stopping primary suite boasts a private oceanfront deck, fireplace, spa-inspired bath with heated floors, custom walk-in closet, and a loft-style media lounge. Built with the most current coastal engineering standards—caissons, pilings, and highly durable weather-resistant materials—this home also offers rare parking for up to seven vehicles.
Beach Road is a 24-hour guard-gated community offering nearly two miles of private sandy beach, where residents enjoy unmatched privacy, security, and the beauty of Southern California’s coastline. Whether it’s swimming, surfing, kayaking, or simply soaking in the sunset, this is oceanfront living at its finest.
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| Mar 30, 2022 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017