26
Map
510 Beach Drive
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 16, 2026 | Price Decreased |
$375,000
↓ $25K
(6.3%) | |
| Price Decreased | |||
| Apr 7, 2026 | Listed by The Local Agents Real Estate LLC | $400,000 | |
| Listed by The Local Agents Real Estate LLC | |||
| Mar 27, 2026 | No longer available | - | |
| No longer available | |||
| Mar 26, 2025 | Listed by The Local Agents Real Estate LLC | $499,900 | |
| Listed by The Local Agents Real Estate LLC | |||
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This is one sweet beachfront home. It has a large lower deck and a bird's eye upper deck, and 3 bedrooms and 2 bathrooms. A favorite of many long-time visitors and locals. There is parking under the house on the rock and an outdoor shower. Upstairs you walk in to the open living area and kitchen. To the left rear is a bedroom with a private bathroom. There are two more bedrooms and a bathroom to the right and rear. This home brings out the nostalgic for me. The interior is warm and comfortable, the outside has unbeatable views. The seller does use the home, so call ahead for a showing.
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Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017