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41 Harry Drive
About This Property
Built in 2020, this impeccably maintained 4 bedroom reverse living home is ideally situated on a deep lagoon with no bridge obstructions to the open bay. The bay beach is less than a mile away and the bridge to LBI is only a half mile from your doorstep, offering the perfect balance of boating convenience and easy access to everything the Jersey Shore has to offer. From the moment you arrive, the home makes a striking first impression with beautiful curb appeal, a fully pavered driveway, and a covered front porch designed to welcome guests in style. The first level features three spacious bedrooms, two full bathrooms, recessed lighting throughout, and a conveniently located laundry room. The primary suite serves as a private retreat with direct access to a covered fiberglass deck overlooking the water, along with a beautifully appointed ensuite bathroom featuring a double vanity, tiled shower, and frameless glass doors.
Upstairs, soaring vaulted ceilings and walls of natural light create a bright and airy living space where breathtaking sunset skies become part of your everyday backdrop. Designed for both entertaining and relaxing, the upper level offers front and rear water views, a spacious living room, walk-in pantry, half bathroom, pull-down attic access, and a fourth bedroom currently utilized as a home office. Step outside to the expansive fiberglass deck complete with a gas line for grilling, creating the perfect setting for summer dinners and waterfront gatherings.
The gourmet kitchen is thoughtfully designed with a large center island, quartz countertops, tile backsplash, under-cabinet lighting, garbage disposal, and stainless steel smart appliances. The living room is equally impressive, highlighted by a gas fireplace, shiplap accents, custom built-in cabinetry, and surround sound with Sonos capability throughout.
Outdoors, the property continues to impress with 50 feet of waterfront, a vinyl bulkhead installed in 2020, and 50 feet of composite dockage ready for your boat and water toys. Designed with entertaining in mind, the backyard features Trex decking, a custom outdoor bar setup, outdoor speaker system, outdoor shower, and a Hot Springs hot tub.
Additional highlights include dual-zone HVAC systems, a tankless water heater, hurricane windows, and a shaft already in place for a future dumbwaiter.
More than just a home, this is a waterfront lifestyle ready to be enjoyed all summer long.
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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 7, 2026 | Sold | ||
| Sold | |||
| Jun 10, 2026 | In contract | - | |
| In contract | |||
| May 28, 2026 | Listed by Restaino Realty | $1,324,000 | |
| Listed by Restaino Realty | |||
| Nov 8, 2019 | Sold | ||
| Sold | |||
| Oct 3, 2019 | Listed by Berkshire Hathaway HomeServices Zack Shore Realtors | $349,000 | |
| Listed by Berkshire Hathaway HomeServices Zack Shore Realtors | |||
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CALLING ALL BUILDERS AND INVESTORS!! This is the perfect winter project! House is 80% complete. Just needs your finishing touch.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017