33
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511 Lido Boulevard
About This Property
Just a few steps up, the second level is dedicated entirely to an expansive, sun-drenched formal living room with soaring cathedral ceilings and entry through sliders to a rear deck. The third level features a spacious primary bedroom complete with a walk-in closet and its own updated ensuite bathroom. Three additional, perfectly sized bedrooms and a full hallway bath complete this upper level, offering plenty of space for family or guests. Both the main and upper levels have hardwood flooring throughout. Additionally, the property comes equipped with two-zone central air conditioning and heating, updated bathrooms from just four years ago, a 13 old roof, and leased solar panels ready for an easy transfer to the new homeowner. Notably, this home sustained no water damage from Hurricane Sandy. Outside, a circular driveway easily accommodates three vehicles in addition to the attached garage. Located just minutes from the shoreline with private gated beach access on Prescott Road, this home blends tranquil seaside living with ultimate convenience, offering a quick commute to major parkways, the Long Island Rail Road, and the vibrant local cuisine and boutique shops of nearby Point Lookout and Long Beach.
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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 18, 2026 | In contract | - | |
| In contract | |||
| Jun 19, 2026 | Price Decreased |
$875,000
↓ $24K
(2.7%) | |
| Price Decreased | |||
| Apr 19, 2026 | Listed by Coldwell Banker American Homes | $899,000 | |
| Listed by Coldwell Banker American Homes | |||
| Jun 26, 1998 | Sold | ||
| Sold | |||
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About Lido Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017