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37 Soundview Drive
About This Property
Set against the dramatic backdrop of the Long Island Sound, 37 Soundview Drive is a completely renovated coastal residence where exceptional water views and thoughtfully designed outdoor living take center stage.
The home offers three bedrooms, three full baths, and a dedicated office, with a bright, open layout designed to capture views of the Sound from virtually every room. The living and dining spaces flow naturally into the eat-in kitchen, creating an inviting setting equally suited to relaxed everyday living and entertaining.
Outside, the property's 1.78 acres becomes a private resort. A gunite pool with a waterfall edge overlooks the landscape, complemented by an outdoor fireplace for evenings under the stars. A private putting green with its own tee box adds a distinctive recreational element, while access to a beautiful sandy beach on the Long Island Sound completes the coastal experience.
Completely renovated and beautifully positioned, 37 Soundview Drive offers a turnkey opportunity to enjoy refined North Shore living-defined by sweeping water views, sandy beach access, privacy, and an effortless connection between indoors and out.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017