46
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39 Sloop Walk
About This Property
Step outside to expansive wraparound decks designed for entertaining, complete with an outdoor kitchen, hot tub, and outdoor shower-all located just three houses from the ocean. Situated on a RARE DOUBLE LOT with lush landscaping, the property offers the potential to add a pool, creating an even more private retreat. Two sheds provide additional storage.
As a homeowner in the exclusive Summer Club community, you'll enjoy access to the clubhouse amenities including a gym, tennis, ping pong, shuffleboard, billiards, darts, and boat moorings. A setting built for entertaining, relaxing, and creating unforgettable Fire Island memories-all in true move-in condition.
Outdoors, an expansive decks wrap the home - all designed for gatherings, complete with an outdoor kitchen, hot tub, and shower-just steps from the ocean (three houses to be exact). Set on a rare double lot with lush landscaping, the property offers room to add a pool if desired, creating an even more private retreat. Two sheds also.
As a Summer Club homeowner, you'll also enjoy access to the community's clubhouse featuring a gym, tennis, ping pong, shuffleboard, billiards, darts, and boat moorings. A setting built for entertaining, relaxing, and making unforgettable Fire Island memories-all in move-in condition.
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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 |
|---|---|---|---|
| Sep 23, 2026 | In contract | - | |
| In contract | |||
| Aug 13, 2026 | Price Decreased |
$1,999,000
↓ $301K
(13.1%) | |
| Price Decreased | |||
| Jul 27, 2026 | Price Decreased |
$2,300,000
↓ $199K
(8%) | |
| Price Decreased | |||
| May 28, 2026 | Price Increased |
$2,499,000
↑ $9K
(0.4%) | |
| Price Increased | |||
| May 23, 2026 | Price Increased |
$2,490,000
↑ $340K
(15.8%) | |
| Price Increased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017