441 34th Street
About This Property
Experience coastal luxury at its finest in this newly constructed custom sand section, ocean view home that has been meticulously and thoughtfully enhanced by its design professional owner with state-of-the-art upgrades including Lutron Palladiom motorized roller shades, Control 4 operated lighting, sound and video system, toto automated bidet toilets, Ingo Maurer light fixtures, a custom outdoor shower. There is the possibility of purchasing the home fully furnished with a curated selection of furniture shipped directly from two of Italy's finest furniture makers (Maxalto and Gervasoni).
A short walk to the Strand, north town and award-winning Grandview Elementary School, this home delivers the beach lifestyle with a great walkable rating to shops, restaurants, school, beach and parks.
It starts on the top floor with the open floorplan featuring an exquisitely appointed chefs kitchen, charming family room nook, open dining area ...expansive living area and a large covered and uncovered deck which embraces everything wonderful about our 72' and perfect climate. The builder measured this home at 3,858 SF (builder measurements inclusive of heated and covered 3rd floor), and that doesn't include a massive outdoor patio on the ground floor... generous water sports equipment side patio, complete with custom shower. Both the 1st Floor and 3rd floor include outdoor built-in kitchens on both outdoor entertaining areas as well as a 1st floor kitchenette fully equipped with a full-size refrigerator / freezer, dish-washer and sink. The master suite with its covered indoor/outdoor retreat patio, custom automated drapery, stone-clad fireplace, and spa-like master bath awaits only the most discerning buyers. The owner has left no stone unturned, recently finishing the garage with epoxy flooring, fully enclosed cabinetry, custom shelving and a tonal exercise system. There is simply nothing like this turn-key designer's home on the market!
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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 |
|---|---|---|---|
| Feb 10, 2025 | Sold | ||
| Sold | |||
| Jan 16, 2025 | Listed by Bayside | $6,500,000 | |
| Listed by Bayside | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017