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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.
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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 |
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| Oct 8, 2026 | Sold | ||
| Sold | |||
| Aug 29, 2026 | In contract | - | |
| In contract | |||
| Aug 21, 2026 | Listed by Sotheby's International Realty - Sandwich Brokerage | $1,525,000 | |
| Listed by Sotheby's International Realty - Sandwich Brokerage | |||
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Welcome to this exceptional custom-built bayside home, meticulously maintained and ideally situated on a sizeable .54-acre premier lot at the end of a quiet cul-de-sac in the exclusive Ridge Club community, abutting the 6th fairway with open space to the right. This thoughtfully designed residence offers the perfect blend of first-floor living and an inviting connection to the outdoors. The heart of the home is the expansive family room, featuring a gas fireplace and sliders leading to the back deck,perfect for relaxing or entertaining. The well appointed kitchen offers a charming breakfast nook, convenient desk area, and bar, while the beautiful dining room provides an elegant space for gatherings. An adorable den adds warmth and versatility. The expansive first-floor primary suite is a private retreat, complete with double closets and a luxurious en-suite bath featuring double sinks, a Jacuzzi tub, and a tiled shower. Upstairs, two spacious bedrooms provide comfortable accommodations, along with a dedicated home office and access to a second-floor deck overlooking the beautiful surroundings. A golf cart garage adds convenience and functionality, perfectly suited to the Ridge Club lifestyle. Outside, enjoy the fenced-in yard and beautiful setting along the 6th fairway. A whole house generator provides added peace of mind. A rare opportunity to own a custom built bayside home on a sizeable .54-acre lot in the exclusive Ridge Club, offering beautiful golf course surroundings, open space, exceptional first-floor living, and the quality and care of a meticulously maintained home.
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| Jul 11, 2014 | Sold | ||
| Sold | |||
| Jun 3, 2014 | Listed by William Raveis R.E. & Home Services | $755,000 | |
| Listed by William Raveis R.E. & Home Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017