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3609 Oak Ave.
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 |
|---|---|---|---|
| Oct 10, 2025 | Sold | ||
| Sold | |||
| Sep 17, 2025 | In contract | - | |
| In contract | |||
| Aug 21, 2025 | Listed by eXp Realty of California Inc | $3,999,999 | |
| Listed by eXp Realty of California Inc | |||
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Welcome to 3609 Oak Avenue, a striking new construction in the heart of Manhattan Beach. This modern 4-bedroom, 4-bathroom home blends sleek design with everyday functionality. Inside, floor-to-ceiling windows flood the space with natural light, while clean lines and contemporary finishes create a polished, airy atmosphere. The open-concept living area flows effortlessly into a state-of-the-art kitchen featuring Dacor appliances, complete with a walk-in pantry and an oversized island. The dedicated laundry room adds convenience, and each bathroom is thoughtfully appointed with designer fixtures. A dramatic waterfall wall serves as a statement feature, and the entertainer’s backyard offers seamless indoor-outdoor living, ideal for gatherings or quiet relaxation. Every detail of this brand-new home has been curated for comfort, style, and sophistication.
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| Jul 30, 2025 | Price Decreased |
$3,999,999
↓ $300K
(7%) | |
| Price Decreased | |||
| Jun 5, 2025 | Listed | $4,299,999 | |
| Listed | |||
| | |||
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Welcome to 3609 Oak Avenue, a striking new construction in the heart of Manhattan Beach. This modern 4-bedroom, 4-bathroom home blends sleek design with everyday functionality. Inside, floor-to-ceiling windows flood the space with natural light, while clean lines and contemporary finishes create a polished, airy atmosphere. The open-concept living area flows effortlessly into a state-of-the-art kitchen, complete with a walk-in pantry and an oversized island. The dedicated laundry room adds convenience, and each bathroom is thoughtfully appointed with designer fixtures. A dramatic waterfall wall serves as a statement feature, and the entertainer’s backyard offers seamless indoor-outdoor living, ideal for gatherings or quiet relaxation. Every detail of this brand-new home has been curated for comfort, style, and sophistication.
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Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017