45
Map
51 Deer Drive
About This Property
The sun-filled interior showcases hardwood floors, an open and inviting floor plan, and comfortable living spaces designed for both everyday living and entertaining. The spacious layout flows seamlessly to the spectacular outdoor oasis.
Step outside to enjoy your own backyard paradise complete with a built-in cocktail swimming pool, custom outdoor bar, fire pit gathering area, multiple patios, and beautifully designed entertaining spaces. Whether hosting summer gatherings or enjoying a quiet evening under the stars, this property delivers an exceptional lifestyle.
Additional features include a detached one-car garage, in-ground sprinklers, charming covered front porch, and breathtaking landscaping throughout the property.
Located just moments from the water, this rare offering combines coastal beauty, outdoor luxury, and everyday comfort in one of Sound Beach's most desirable waterfront neighborhoods.
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Cap Rate Calculator
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 26, 2026 | Sold | ||
| Sold | |||
| Jul 7, 2026 | In contract | - | |
| In contract | |||
| Jul 7, 2026 | Price Increased |
$639,996
↑ $5K
(0.8%) | |
| Price Increased | |||
| Jun 24, 2026 | Price Decreased |
$634,996
↓ $15K
(2.3%) | |
| Price Decreased | |||
| May 27, 2026 | Listed by BERKSHIRE HATHAWAY | $649,996 | |
| Listed by BERKSHIRE HATHAWAY | |||
Property Highlights
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About Sound Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017