57 MARINE Street
About This Property
Spanning three stories, this home boasts expansive front porches on each level, perfect for enjoying the serene surroundings and coastal breezes. The thoughtful renovation has created a harmonious blend of classic elegance and contemporary comfort. Inside, you'll find beautifully restored original features, high-end finishes, and spacious, light-filled living areas.
With its elevated design, this home offers a seamless flow between indoor and outdoor living, inviting you to relax or entertain while soaking in the stunning vistas. Don't miss this chance to own a true architectural gem in a premier location, where history meets modern luxury.
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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 9, 2025 | Sold | ||
| Sold | |||
| Apr 8, 2025 | In contract | - | |
| In contract | |||
| Mar 2, 2025 | Price Decreased |
$3,250,000
↓ $250K
(7.1%) | |
| Price Decreased | |||
| Jan 26, 2025 | Price Decreased |
$3,500,000
↓ $300K
(7.9%) | |
| Price Decreased | |||
| Dec 8, 2024 | Price Decreased |
$3,800,000
↓ $450K
(10.6%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Status
Price/ft²
Listed On
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About Old City
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$2,600 /mo
- 3 Beds
- 3 Baths
- 2,000 ft²
$2,900 /mo
- 2 Beds
- 1 Bath
- 746 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017