53 Dillingham Ave
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 |
|---|---|---|---|
| Apr 17, 2026 | Sold | ||
| Sold | |||
| Mar 16, 2026 | In contract | - | |
| In contract | |||
| Mar 11, 2026 | Listed by Keller Williams Realty | $829,000 | |
| Listed by Keller Williams Realty | |||
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Tucked away in the highly sought-after Town Neck neighborhood of Sandwich, this beautiful turnkey beach home offers the perfect blend of coastal charm and investment opportunity. Originally built as a two-car garage with loft, the property was completely renovated to the studs in 2023 and thoughtfully transformed into a stylish, modern retreat just moments from the water. Currently operating as a successful Airbnb short-term rental, the home generated over $40,000 in income last year and comes fully furnished with future bookings in place--ready to convey to new owners if desired. Recent upgrades by the current owners include a new washer and dryer, hot water tank, outdoor shower, and a cozy firepit perfect for summer evenings after a day at the beach. Whether you're searching for a carefree Cape escape, an income-producing investment, or both, this turnkey coastal gem in Town Neck with seasonal ocean views is ready to be enjoyed from day one.
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| Sep 5, 2023 | Sold | ||
| Sold | |||
| Aug 17, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017