698 BEACH Avenue
About This Property
Designed for relaxed luxury, the home features 4 bedrooms and 4.5 bathrooms, with all bedrooms located upstairs for added privacy. The main level is built for entertaining, with an open, flowing layout that connects seamlessly to the outdoors. The dream kitchen boasts Wolf and Sub-Zero appliances Step outside to a private backyard oasis complete with a sparkling pool, covered porches, and a custom outdoor fireplace-ideal for year-round enjoyment.
This property offers the rare combination of generous outdoor space, walkable location, and refined design. Whether you're hosting poolside gatherings or strolling to shops and restaurants at the Town Center, 698 Beach Avenue delivers the best of Atlantic Beach living
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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 |
|---|---|---|---|
| Dec 16, 2025 | Sold | ||
| Sold | |||
| Nov 22, 2025 | In contract | - | |
| In contract | |||
| Nov 11, 2025 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $3,850,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
| Aug 15, 2025 | Price Decreased |
$4,300,000
↓ $200K
(4.4%) | |
| Price Decreased | |||
| Apr 24, 2025 | Relisted | $4,500,000 | |
| Relisted | |||
Property Highlights
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About Beaches
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017