3811 Neptune
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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 |
|---|---|---|---|
| Jun 20, 2025 | Sold | ||
| Sold | |||
| May 24, 2025 | In contract | - | |
| In contract | |||
| May 1, 2025 | Listed by The Sears Group | $1,295,000 | |
| Listed by The Sears Group | |||
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|
GULF VIEWS JUST STEPS FROM THE BEACH. MOTIVATED SELLERS. TURN-KEY READY. AVAILABLE FULLY-FURNISHED. The OPEN-CONCEPT living area features high ceilings, wide-plank wood-look tile flooring and access to GULF-VIEW BALCONIES- perfect for enjoying sunrises and ocean breezes. The chef’s kitchen includes quartz countertops, BOSCH APPLIANCE PACKAGE, an oversized island with seating and storage, custom cabinetry, designer backsplash, and a WALK-IN PANTRY. The primary suite offers a PRIVATE BALCONY, spa-inspired bathroom with a SOAKING TUB, frameless glass WALK-IN SHOWER, dual vanities, and a WALK-IN CLOSET with built-ins. Spacious bedrooms feature ample closet space and well-appointed and spa-like bathrooms. The flex space is perfect for an office, gym, or media room. The OVERSIZED UTILITY ROOM includes a washer, dryer, custom storage, folding station, and a large beverage fridge. Covered patios, a large garage, and DIRECT BEACH ACCESS complete this luxury coastal retreat. ELEVATOR SHAFT!
| |||
| Apr 10, 2025 | Price Decreased |
$1,375,000
↓ $50K
(3.5%) | |
| Price Decreased | |||
| Feb 20, 2025 | Listed | $1,425,000 | |
| Listed | |||
| | |||
|
GULF VIEWS JUST STEPS FROM THE BEACH. MOTIVATED SELLERS. TURN-KEY READY. AVAILABLE FULLY-FURNISHED. The OPEN-CONCEPT living area features high ceilings, wide-plank wood-look tile flooring and access to GULF-VIEW BALCONIES- perfect for enjoying sunrises and ocean breezes. The chef’s kitchen includes quartz countertops, BOSCH APPLIANCE PACKAGE, an oversized island with seating and storage, custom cabinetry, designer backsplash, and a WALK-IN PANTRY. The primary suite offers a PRIVATE BALCONY, spa-inspired bathroom with a SOAKING TUB, frameless glass WALK-IN SHOWER, dual vanities, and a WALK-IN CLOSET with built-ins. Spacious bedrooms feature ample closet space and well-appointed and spa-like bathrooms. The flex space is perfect for an office, gym, or media room. The OVERSIZED UTILITY ROOM includes a washer, dryer, custom storage, folding station, and a large beverage fridge. Covered patios, a large garage, and DIRECT BEACH ACCESS complete this luxury coastal retreat. ELEVATOR SHAFT!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017