503 11th Avenue
About This Property
Detached Garage
50 X 145 Lot
Custom coastal home offering 9' ceilings on first floor with maple HW floors throughout. First floor office/ bedroom and full bath. Mud room. Showcase kitchen w/ lg island, quartz counters and backsplash, microwave drawer, pot filler, hidden pantry and more. Open floor plan to DR, LR and sliders to back decks. Second level has 4 bdrms. Primary has custom WIC and luxurious bath complete w/ soaking tub, double vanity and separate shower. Dedicated laundry room w/ custom cabinets and sink. Third floor boasts over 600 SF, half bath and optional wet bar. Detached heated one car garage. Paver driveway and walkways. Multiple covered and uncovered decks.
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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 |
|---|---|---|---|
| May 12, 2026 | Sold | ||
| Sold | |||
| Mar 24, 2026 | In contract | - | |
| In contract | |||
| Feb 28, 2026 | Listed by Diane Turton, Realtors-Point Pleasant Boro | $2,599,000 | |
| Listed by Diane Turton, Realtors-Point Pleasant Boro | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017