50
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3807 Neptune
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 |
|---|---|---|---|
| Aug 15, 2026 | Listed by eXp Realty LLC | $1,125,000 | |
| Listed by eXp Realty LLC | |||
| Dec 30, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 1, 2025 | Listed by eXp Realty LLC | $1,200,000 | |
| Listed by eXp Realty LLC | |||
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Welcome to 3807 Neptune—an exquisite 5-bed, 5-bath modern coastal home just minutes from the beach. Designed for comfort and luxury, it features an open-concept layout with high ceilings, light wood accents, designer tile, and scratch-resistant Herringbone vinyl floors. The custom kitchen offers floor-to-ceiling cabinets, a built-in oven, & a wine fridge. Each bedroom includes a private bath. The spacious master boasts his-and-her closets, double vanities, and a double shower. Enjoy Gulf breezes from four covered patios, including two expansive 10’ deep ones off the living and primary suites. Foam insulation adds energy efficiency, while extras like an outdoor shower, laundry closet, and fenced backyard enhance convenience. Seller is offering a temporary rate buy-down. Perfect as a full-time residence, vacation retreat, or investment property. The property is being sold FURNISHED, including a HOT TUB, making it a turn-key, income-producing short-term rental opportunity.
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| Jun 15, 2024 | No longer available | - | |
| No longer available | |||
| May 15, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017