3741 Coastal Highway
About This Property
Priced well below appraisal!!
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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 |
|---|---|---|---|
| Apr 16, 2025 | Listed | $3,960,000 | |
| Listed | |||
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Made it to retirement and decided to downsize. Magnificent Ocean views from 2nd and 3rd floors as well as a panoramic 360 view from the rooftop. Main house has the master on the 3rd floor and others on the ground floor with 5,500 square feet, plus a 3 car garage. Detached garage has 6 garage spaces and almost 2,000 square feet of living space on the upper floor that could be converted to a vacation rental (already has a bath/laundry). Beach walkover for easy beach access. This is an amazing home, just oozing with Elegance. Great for entertaining, plenty of parking and perfect for a large family gathering. Too Many options available to list them all, but certainly is a MUST SEE!!! Entire top floor is the master suite with a HUGE walk in closet (custom cabinetry), coffee nook, setting areas and a HUGE master bath with separate shower / tub. Urinals in 3 of the bathrooms. Crazy the details that were put into this one. MUST BE PREAPPROVED AND PROVIDE LETTER FOR ALL SHOWIN
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| May 2, 2012 | Sold | ||
| Sold | |||
| Dec 20, 2010 | Sold | ||
| Sold | |||
| Jul 30, 2010 | Listed by OCEAN BREEZE REAL ESTATE SER | $499,900 | |
| Listed by OCEAN BREEZE REAL ESTATE SER | |||
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MAGNIFICENT OCEAN VIEWS FROM THIS 3 STORY HOME ON THE WEST SIDE OF A1A. THIS IS A DIAMOND IN THE ROUGH. A WONDERFUL FLOOR PLAN OPEN & SPACIOUS ON EVERY FLOOR. THE MASTER BEDROOM SUITE IS THE ENTIRE 3RD FLOOR. THERE ARE ROOF DECKS ON THE 3RD FLOOR. THERE IS A STAIRWAY FROM THE 3RD FLOOR TO THE ROOF THAT OFFERS PANORAMIC OCEAN VIEWS AND IS PERFECT FOR PARTIES AND/OR SUNBATHING.
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| Jun 5, 2007 | Listed by WATSON REALTY CORP | $1,350,000 | |
| Listed by WATSON REALTY CORP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017