5429 Strand #101
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%.
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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 15, 2026 | Sold | ||
| Sold | |||
| Mar 1, 2026 | Listed by Vista Sotheby's International Realty | $1,390,000 | |
| Listed by Vista Sotheby's International Realty | |||
| Jun 9, 2025 | Listed | $1,410,000 | |
| Listed | |||
| | |||
|
ASSUMABLE VA LOAN for Veterans at 4.299%! This incredible opportunity to have resort-like living in the exclusive ThreeSixty neighborhood can be yours! Within a private gated community awaits tranquil living at its finest. Soak in the sun and fun with pools, spas, cabanas, outdoor BBQs, parks, a dog park, and sports facilities. Enjoy a private gym, wine room, and recreation room playing games with friends. Located directly across all these amenities, makes this location one of the most desirable in the whole neighborhood. This home is the epitome of move-in ready. With newly refurbished hardwood floors, new HVAC system, automatic blinds, new appliances, and new carpet, this home offers high-end living. With a generous floorpan and as an end unit, it has an abundance of natural light and offers comfortable living with the perfect space to entertain. A large balcony off the living space provides the perfect place to soak in coastal living at its best, unwind from the day, and host guests. As an added bonus, a third entry door allows access from the first level to a private bedroom suite. Summer will come and go and so will this incredible opportunity. Make this moment yours!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/01/2026
|
3 Bed
|
3 Bath
|
2123 ft²
|
$1,390,000
3 Bed
3 Bath
2123 ft²
|
$1,390,000
04/15/2026
|
Matthew Engle
Vista Sotheby's International Realty
| |
|
05/22/2025
|
2 Bed
|
3 Bath
|
1700 ft²
|
$1,180,000
2 Bed
3 Bath
1700 ft²
|
$1,180,000
06/20/2025
|
Cezar Mansour
Hot Property Solutions
| |
|
06/18/2020
|
2 Bed
|
2 Bath
|
1584 ft²
|
$855,000
2 Bed
2 Bath
1584 ft²
|
$870,000
+1.75%
07/27/2020
|
Daniel Lemieux
Estate Properties
| |
|
03/02/2019
|
2 Bed
|
3 Bath
|
1714 ft²
|
$879,000
2 Bed
3 Bath
1714 ft²
|
$880,000
+0.11%
04/26/2019
|
David Gwilt
eXp Realty of California Inc
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017