429 SKATE
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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 17, 2025 | Price Decreased |
$524,900
↓ $25K
(4.6%) | |
| Price Decreased | |||
| Nov 20, 2025 | Listed | $549,900 | |
| Listed | |||
| | |||
|
Beautifully updated home 1 mile from the beach! High-end finishes include brand-new windows throughout, quartz countertops, upgraded fixtures/fans, gorgeous cabinets with glass hardware, stainless steel appliances, and more! Spray foam crawl space for energy efficiency and moisture protection. Updated electric, plumbing, A/C, and water heater! Large lot with a fully fenced backyard and plenty of room for the family! Don't sleep on this one, or you may never sleep in it! Short walk to shops, restaurants/and bars in the popular Royal Palms neighborhood. Schedule your showing today!
| |||
| Feb 13, 2020 | Sold | ||
| Sold | |||
| Sep 13, 2019 | Listed by ROUND TABLE REALTY | $305,000 | |
| Listed by ROUND TABLE REALTY | |||
| | |||
|
Beautifully updated home 1 mile from the beach! Short walk to shops and restaurants/bars in the popular Royal Palms neighborhood. High-end finishes include quartz counter tops, upgraded fixtures/fans, gorgeous cabinets with glass hardware, stainless steel appliances, and much more! The home also has new electric, plumbing, A/C, water heater, and newer roof! Large lot with fully fenced back yard and plenty of room for the family! Don't sleep on this one or you may never sleep in it! Schedule your showing today!
| |||
| Jun 28, 2019 | Listed by ROUND TABLE REALTY | $321,900 | |
| Listed by ROUND TABLE REALTY | |||
Property Highlights
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About Beaches
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$5,500 /mo
- 1 Bed
- 2 Baths
- 917 ft²
$8,500 /mo
- 2 Beds
- 3 Baths
- 1,942 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017