3702 Southridge Way
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 |
|---|---|---|---|
| Jan 5, 2026 | Sold | ||
| Sold | |||
| Dec 8, 2025 | In contract | - | |
| In contract | |||
| Jul 31, 2025 | Listed by Finest City Homes | $1,249,000 | |
| Listed by Finest City Homes | |||
| May 19, 2025 | Price Decreased |
$1,249,000
↓ $40K
(3.1%) | |
| Price Decreased | |||
| Apr 3, 2025 | Listed | $1,289,000 | |
| Listed | |||
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Discover Coastal Elegance in the Gated Ocean Terrace Community Step into 2,835 sq. ft. of beautifully updated living in the prestigious, gated Ocean Terrace community. Situated on a sought-after corner lot, this five-bedroom, three-bathroom home effortlessly combines comfort, space, and refined upgrades for modern coastal living. Soaring vaulted ceilings and an abundance of natural light enhance the open-concept layout, creating an airy and inviting atmosphere. The main level offers a full bedroom and bathroom—perfect for guests or multigenerational living. Newer flooring adds a modern touch, while the formal living and dining areas flow effortlessly into the backyard through elegant French doors, setting the stage for seamless indoor-outdoor entertaining. At the heart of the home is a chef’s kitchen, recently upgraded with sleek quartz countertops, a stylish backsplash, and a spacious island. It opens seamlessly to the family room, where a charming brick fireplace creates a warm and inviting atmosphere. Upstairs, the primary suite offers a true retreat with stunning views, a cozy fireplace, and a generous walk-in closet. The expansive fifth bedroom provides flexibility—perfect as a bonus room, home office, or playroom. A dedicated laundry room with a sink and a three-car garage with epoxy flooring add both convenience and functionality. Step outside to your private backyard oasis with fresh new sod—ideal for relaxing, entertaining, or enjoying time outdoors. Located near the Carlsbad border, this home provides easy access to top-rated schools, parks, golf courses, shopping, and dining. With major highways just minutes away, you’ll enjoy both tranquility and convenience.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017