5042 A1A S
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 |
|---|---|---|---|
| Mar 27, 2026 | Sold | ||
| Sold | |||
| Feb 27, 2026 | In contract | - | |
| In contract | |||
| Nov 17, 2025 | Price Decreased |
$599,000
↓ $10K
(1.6%) | |
| Price Decreased | |||
| Oct 31, 2025 | Listed by EXP REALTY LLC | $609,000 | |
| Listed by EXP REALTY LLC | |||
| | |||
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Steps from the Beach, Fully Furnished Coastal Gem on Scenic A1A. Location truly sets this home apart. Perfectly positioned on the iconic A1A Scenic & Historic Coastal Byway, this beautifully maintained single-family home is just steps from the sand, with a private backyard gate leading to a beach trail, making daily walks along the ocean a part of your everyday lifestyle. Sold fully furnished and turn-key, this property is not only move-in ready, but also short-term rental friendly, offering a fantastic opportunity for investors or anyone looking for a second home with income potential. A brand-new roof (8/2025), Newer AC Unit, back French Doors replaced and front door adds peace of mind and lasting value. Inside, you'll find three spacious bedrooms and two full bathrooms, a large entry foyer, and a generous living and dining area that opens seamlessly into a well-appointed kitchen featuring granite countertops, stainless steel appliances and plenty of cabinet space. The primary suite offers a relaxing retreat with a walk-in shower, soaking tub, and dual vanities. Additional features include a two-car garage, a large utility room with washer and dryer included, French doors leading to a private, wooded backyard, a partially fenced yard, and an extended paved patio perfect for outdoor dining or entertaining. The charming front walkway adds curb appeal and a warm welcome. Whether you're searching for a personal beachside escape, a full-time residence, or a high-performing rental, this coastal home offers the perfect blend of comfort, style, and location. Rear gate offers a neighborhood path that leads out to the beach. Just 3 short blocks from the Ocean! Short Term rentals allowed.
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| Oct 14, 2025 | Price Decreased |
$609,000
↓ $26K
(4.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017