460 Launch CIR #404
About This Property
The manager has listed the unit size as 1635 square feet.
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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 15, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 14, 2024 | Listed | $1,300,000 | |
| Listed | |||
| | |||
|
Located on Vanderbilt Bay this lovely 4th floor condo approximately 500 steps to the beach appears surreal as its charm and elegance inspire you for costal life-on-the-bay! Splashed in the palette of calming colors, renovations come together to deliver a tranquil and welcoming sense steeped in a coastal-beachy flair. Upgrades include fresh paint throughout, new bedroom flooring, new appliances, a reverse osmosis system, new countertops and vanity tops, a gourmet coffee bar in the dining area with matching granite top, a new shower door in the master bath, stylish new light fixtures and ceiling fans, and plantation shutters throughout. The condo also features an Ecobee smart thermostat with sensors for optimized air conditioning and new hurricane shades for added safety, privacy, and convenience. Included are beautiful furnishings inspired by the coast. A large storage bin for beach chairs and toys is located in the garage at your designated parking space. Take advantage of the rental income already in place, with several confirmed rentals for 2024 and 2025, to offset expenses. Regatta is one of the few pet-friendly gated communities in the Vanderbilt Beach area, known for its incredible amenities including a resort-style pool, fitness rooms, grilling area, 55-slip marina, fishing spots, spa and lap pool, guard-gated entry, and onsite management. Enjoy the extraordinary location near Vanderbilt Beach, Delnor Wiggins State Park, a community park with tennis and pickleball (coming soon), a library, the world-class Ritz Carlton Resort, fine shops, dining, a movie theater, and restaurants. Contact us for more details and make this stunning property yours!
| |||
| Apr 1, 2022 | Sold | ||
| Sold | |||
| Mar 30, 2022 | No longer available | - | |
| No longer available | |||
| Jan 27, 2022 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/31/2025
|
3 Bed
|
2 Bath
|
1480 ft²
|
$1,200,000
3 Bed
2 Bath
1480 ft²
|
-
-
|
James Hogan
RE/MAX Eastern Properties
| |
|
08/13/2025
|
3 Bed
|
2 Bath
|
1475 ft²
|
$1,100,000
3 Bed
2 Bath
1475 ft²
|
$1,025,000
-6.82%
04/21/2026
|
Lesley Garlock
William Raveis Real Estate
| |
|
06/06/2025
|
3 Bed
|
2 Bath
|
1635 ft²
|
$1,099,000
3 Bed
2 Bath
1635 ft²
|
$1,030,000
-6.28%
09/30/2025
|
Lesley Garlock
William Raveis Real Estate
| |
|
11/15/2024
|
3 Bed
|
2 Bath
|
1635 ft²
|
$1,225,000
3 Bed
2 Bath
1635 ft²
|
-
-
|
Nathan Dyer
William Raveis Real Estate
| |
|
07/16/2024
|
3 Bed
|
2 Bath
|
1480 ft²
|
$1,250,000
3 Bed
2 Bath
1480 ft²
|
-
-
|
James Hogan
RE/MAX Eastern Properties
| |
|
06/14/2024
|
3 Bed
|
2 Bath
|
1635 ft²
|
$1,300,000
3 Bed
2 Bath
1635 ft²
|
-
-
|
Nathan Dyer
William Raveis Real Estate
| |
|
11/27/2023
|
3 Bed
|
2 Bath
|
1480 ft²
|
$1,350,000
3 Bed
2 Bath
1480 ft²
|
-
-
|
Vince Napoleon
Compass Florida LLC
| |
|
05/16/2023
|
3 Bed
|
2 Bath
|
1635 ft²
|
$1,375,000
3 Bed
2 Bath
1635 ft²
|
-
-
|
Tony Blaskis
William Raveis Real Estate
| |
|
02/27/2022
|
3 Bed
|
2 Bath
|
1480 ft²
|
$995,000
3 Bed
2 Bath
1480 ft²
|
$995,000
03/25/2022
|
Lesley A Garlock
William Raveis Real Estate
| |
|
09/20/2021
|
3 Bed
|
2 Bath
|
1635 ft²
|
$949,000
3 Bed
2 Bath
1635 ft²
|
$925,000
-2.53%
04/01/2022
|
Lesley A Garlock
William Raveis Real Estate
| |
|
11/05/2020
|
3 Bed
|
2 Bath
|
1485 ft²
|
$679,000
3 Bed
2 Bath
1485 ft²
|
$670,000
-1.33%
02/03/2021
|
Monica E Simon
| |
|
03/02/2020
|
3 Bed
|
2 Bath
|
1475 ft²
|
$715,000
3 Bed
2 Bath
1475 ft²
|
$625,000
-12.59%
01/07/2021
|
Monica E Simon
| |
|
10/28/2019
|
3 Bed
|
2 Bath
|
1635 ft²
|
$725,000
3 Bed
2 Bath
1635 ft²
|
-
-
|
-
| |
|
07/29/2019
|
3 Bed
|
2 Bath
|
1475 ft²
|
$779,000
3 Bed
2 Bath
1475 ft²
|
-
-
|
-
| |
|
01/13/2019
|
3 Bed
|
2 Bath
|
1635 ft²
|
$799,000
3 Bed
2 Bath
1635 ft²
|
-
-
|
-
| |
|
07/02/2013
| |
3 Bed
|
2 Bath
|
1475 ft²
|
$599,900
3 Bed
2 Bath
1475 ft²
|
-
-
|
James Hogan
RE/MAX Eastern Properties
|
|
01/01/2010
|
3 Bed
|
2 Bath
|
1475 ft²
|
$549,900
3 Bed
2 Bath
1475 ft²
|
-
-
|
James Hogan
RE/MAX Eastern Properties
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017