56
Map
638 Beach Drive
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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 |
|---|---|---|---|
| Sep 15, 2026 | Listed by Coldwell Banker Realty | $9,600,000 | |
| Listed by Coldwell Banker Realty | |||
| Dec 24, 2021 | Sold | ||
| Sold | |||
| Oct 1, 2021 | Listed by Compass | $8,999,900 | |
| Listed by Compass | |||
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Beautiful beach front property just steps away from the beach!!! This 5 bedroom, 4 bathroom 2,520 sq. ft. home features a stunning great room with 15 open beamed ceilings, wood burning fireplace, and an entire wall of floor to ceiling windows facing the private beach in the Rio Del Mar Surf. Sliding glass door leads to a large redwood deck with easy access stairs to the beach. The great room is open to the gourmet kitchen with granite counters & backsplash, oversized peninsula counter, and beautiful views of the ocean! This home includes a formal entryway with oversized double-doors, separate laundry room which divides two bedrooms - affording privacy, and a junior suite with private bathroom. The primary bedroom, complete with a private walk-in closet and ensuite, includes floor to ceiling windows with a sliding glass door to the beautiful deck. Close to Rio Del Mar, there is a nearby fitness center, cozy cafe, FedEx, bank, movie theaters, golf course and grocery store!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017