45 Matt's Way
About This Property
Immaculately maintained and never rented, this home feels like new, with an elegant design that prioritizes both form and function. The open-concept living area is bathed in natural light thanks to expansive windows and transoms that seamlessly connect the indoors to the beauty of the outdoors. The centerpiece is a striking white Soho cracked glass tile fireplace flanked by high-end finishes such as a chevron-patterned Grigio kitchen backsplash, gold hardware and fixtures and craftsman-style trim.
Perfect for entertaining, the chef's kitchen boasts a spacious island, double-stacked cabinets with glass doors, and a premium gas range. Thoughtful construction includes impact-resistant windows, foam insulation, mitered siding corners and custom-made angle brackets and porch beams, ensuring this home is as durable as it is beautiful.
The spacious master suite on the main floor offers ultimate convenience, while the backyard oasis, bordering the state forest, provides unmatched privacy and a peaceful retreat. With access to a neighborhood pool and the nearby beaches of 30A, this home is perfectly positioned for both relaxation and adventure.
Ideal as a primary residence, second home or investment property, this Lakeside gem delivers an exceptional lifestyle and unparalleled quality.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 14, 2025 | Sold | ||
| Sold | |||
| Mar 14, 2025 | In contract | - | |
| In contract | |||
| Feb 3, 2025 | Price Decreased |
$1,599,000
↓ $26K
(1.6%) | |
| Price Decreased | |||
| Dec 17, 2024 | Listed by Scenic Sotheby's International Realty | $1,625,000 | |
| Listed by Scenic Sotheby's International Realty | |||
| Nov 6, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017