7 Atlantic 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%.
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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 |
|---|---|---|---|
| Mar 31, 2026 | Sold | ||
| Sold | |||
| Jan 9, 2026 | In contract | - | |
| In contract | |||
| Dec 29, 2025 | Listed by Real Broker NY LLC | $589,999 | |
| Listed by Real Broker NY LLC | |||
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Welcome to this beautiful young colonial home (built 2005) featuring four bedrooms, two full bathrooms and full basement with extra high ceilings just begging to be finished! Upon entering the home, vaulted ceilings and a large staircase make the entrance extra grand. The beautiful oak hardwood floors run throughout the entire home including the upper bedrooms! The first level features an open living and kitchen area with a wood burning fireplace. The kitchen features quartz countertops and brand new stainless steel appliances.There is also a formal dining area, a large front den, full bathroom, and first level bedroom! Anderson sliders off the dining room welcome you to the expansive rear deck with modern black railings. The yard is also fully fenced with white pvc fencing all around. Upstairs features three more bedrooms with large closets for the whole family, another updated full bathroom and more hallway closet space. The lower level is unfinished but boasts 9 foot + ceilings and is the entire length and width of the home. Additional features include Anderson windows and doors, two separate systems for central air conditioning, central vacuum, 200 amp electric panel, and a Viessmann oil burner/hot water heater. PRIVATE BEACH ACCESS WITH PURCHASE OF ANNUAL PARKING PASS. Excellent location right across the street from the bus stop, near shopping, dining, & local beaches. Less than 10 miles to Stony Brook University, Saint Charles hospital, and Mather hospital.
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| Nov 12, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 18, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017