10
Map
5 Strandway
About This Property
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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 |
|---|---|---|---|
| Aug 28, 2026 | Sold | ||
| Sold | |||
| Jul 15, 2026 | In contract | - | |
| In contract | |||
| Jun 25, 2026 | Listed by Kinlin Grover Compass | $3,995,000 | |
| Listed by Kinlin Grover Compass | |||
| Apr 17, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Mar 3, 2025 | Listed | $7,400,000 | |
| Listed | |||
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2 buildable oceanfront lots tucked between Nantucket Sound and Herring River in highly coveted Old Mill Point. Includes a 30 foot T-shaped deep-water dock with 3 boat slips. Frontage on Nantucket Sound is foliated with indigenous plants; a natural barrier. On Herring River, two long jetties protect the beach from prevailing southwest winds. And a series of small jetties originally designed to build up the beach, now exert a constructive force against erosion. This is an unrivaled opportunity that truly captures the very essence of Cape Cod. Also listed as a single family.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017