31
Map
437 N Neptune Drive
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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%.
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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 |
|---|---|---|---|
| Nov 7, 2025 | Sold | ||
| Sold | |||
| Oct 8, 2025 | In contract | - | |
| In contract | |||
| Oct 7, 2025 | Relisted | $665,000 | |
| Relisted | |||
| Sep 29, 2025 | In contract | - | |
| In contract | |||
| Sep 18, 2025 | Listed by RE/MAX Aerospace Realty | $875,000 | |
| Listed by RE/MAX Aerospace Realty | |||
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LUXURY LIVING ON THE CANAL! Passionately fully updated 3 bdrm+ game room + office + coffee/reading/craft room, 2 bath POOL home featuring a METAL ROOF, IMPACT WINDOWS & SLIDERS, open floor plan, brand new elegant, eat-in kitchen w gas cooktop & oven, Kraft Maid Premium Cabinets incl. large Island Bench, French Door Fridge/Freezer, Dishwasher, Gas Double Oven/Stove Top Microwave/Range. Every detail was lovingly updated to create a true move-in ready retreat! The spacious primary suite is where you'll find the private office OVER LOOKING THE WATER and just off of the kitchen is where the relaxing nook is ready for reading, relaxing and inspiration. The incredible outdoor living shines with a NEW SPARKLING POOL, a stylish PERGOLA seating area, elegantly landscaped dock and NAVIGABLE CANAL ACCESS! With the unbeatable location - just a few minutes to the ocean, this property combines elegance, comfort and coastal convenience, truly a rare find
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About Waterway Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017