3616 Diamondhead Drive
About This Property
Step inside to a welcoming entry highlighted by soaring ceilings, rich hardwood flooring, and an open staircase that adds architectural character. The home offers multiple living and dining areas, ideal for both everyday comfort and hosting gatherings. A large living room features vaulted ceilings with exposed beams, a striking brick fireplace, and abundant natural light, creating a warm and inviting atmosphere. The adjacent formal dining room provides an elegant setting for dinner parties and special occasions.
The chef's kitchen is designed for both functionality and storage, offering extensive cabinetry, ample counter space, stainless steel appliances including double ovens, and a convenient layout that connects seamlessly to the main living areas. Large windows overlook the backyard, allowing natural light to brighten the kitchen and breakfast space.
The primary suite serves as a private retreat on the main level, offering generous space and a beautifully updated ensuite bath. The bathroom features dual vanities, a freestanding soaking tub, and a separate walk-in shower, creating a spa-like environment. Upstairs, three additional bedrooms provide comfortable accommodations along with plentiful closet and storage space throughout the home.
Step outside to an entertainer's backyard designed for relaxation and fun. The sparkling pool is the centerpiece of the outdoor space, surrounded by an expansive patio perfect for outdoor dining, lounging, and gatherings. Mature trees and fencing provide privacy while enhancing the peaceful backyard setting.
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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 |
|---|---|---|---|
| Apr 7, 2026 | Sold | ||
| Sold | |||
| Mar 13, 2026 | In contract | - | |
| In contract | |||
| Mar 5, 2026 | Listed by Keller Williams Realty | $575,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017