385 Beachfront Drive
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 |
|---|---|---|---|
| Jul 11, 2025 | Sold | ||
| Sold | |||
| Jun 16, 2025 | In contract | - | |
| In contract | |||
| Jan 3, 2025 | Listed by Full Stringer Realty | $349,000 | |
| Listed by Full Stringer Realty | |||
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| May 9, 2018 | Listed | $169,900 | |
| Listed | |||
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Cute coastal cottage overlooking the bay. Sit on one of the three front porch swings and enjoy the coastal breezes. Back porch you can lounge and overlook the east bay area. Cute coastal cottage with hard wood floors in the living rooms. Very quaint and cute sitting on the beach. Two bedrooms with plenty of space for small family. Could be a rental property for you as well! Give us a call on this cute coastal cottage.The manager has listed the unit size as 800 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017