392 4TH Street
About This Property
Thoughtfully designed for both comfort and style, the home features wide-plank white oak floors, soaring ceilings, custom cabinetry, and abundant natural light. The open living room flows into a chef's kitchen with an oversized island, quartz countertops and backsplash, and commercial-grade Thermador appliances. A floor-to-ceiling Calcutta Gold fireplace anchors the space, while 12' sliding glass doors lead to a stunning salt-water pool and covered outdoor living area... This home offers two beautiful owner's suites, one on each floor to satisfy any buyer's needs. Both suites offer spacious custom closets and elegant bathrooms with dual vanities and large walk-in showers. The downstairs suite includes hookups for a stackable washer and dryer for added convenience. On the 2nd floor, you will also find three additional bedrooms, each with its own en-suite bathroom, a beautiful TimberTech balcony and a full laundry room.
This home is scheduled for completion in September 2025. Don't miss this rare opportunity to own new construction in Old Atlantic Beach. Contact us today to schedule your private tour.
*Some photos are virtually staged and may not represent the actual conditions of the 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 |
|---|---|---|---|
| Dec 2, 2025 | Sold | ||
| Sold | |||
| Oct 28, 2025 | In contract | - | |
| In contract | |||
| Aug 11, 2025 | Listed by PROVIDENCE REALTY, LLC | $2,994,500 | |
| Listed by PROVIDENCE REALTY, LLC | |||
| Apr 24, 2024 | Sold | ||
| Sold | |||
| Oct 19, 2023 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | $950,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | |||
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Property is currently home to a duplex, also listed for sale as income residential. Home can be razed providing a rare opportunity to build in Old Atlantic Beach.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017