47 Cape Andover
About This Property
Spectacular sunrises, dramatic sunsets, and the rhythm of morning crew workouts become part of the daily backdrop-an ever-changing canvas of water, sky, and coastal life. The property has recently been refreshed with new carpet, paint, and staging, yet its true value lies in the extraordinary setting and the potential to reimagine or enhance the residence to suit a buyer's vision.
The upper level is anchored by a spacious primary suite with fireplace, view deck, and a generous bath featuring granite countertops, Jacuzzi tub, separate shower, and large walk-in closet. Two additional bedroom suites share a Jack-and-Jill bath, complemented by an upstairs laundry, elevator, bonus room, and flexible living spaces.
The main level offers a library/den, a downstairs bedroom suite, powder bath, formal living and dining rooms, and a family room with fireplace. The kitchen is equipped with double ovens, black granite countertops, six-burner cooktop, dishwasher, and built-in Sub-Zero refrigerator. A two-car attached garage completes the home.
Arguably one of the best lots in the Castaways-rare, irreplaceable, and ready for its next chapter.
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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 |
|---|---|---|---|
| Mar 17, 2026 | Sold | ||
| Sold | |||
| Feb 13, 2026 | In contract | - | |
| In contract | |||
| Feb 2, 2026 | Listed by Pacific Sotheby’s International Realty | $5,795,000 | |
| Listed by Pacific Sotheby’s International Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017