700 Neptune Avenue
About This Property
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 25, 2021 | In contract | - | |
| In contract | |||
| Mar 21, 2021 | Listed by Ranch and Coast Real Estate | $7,895,000 | |
| Listed by Ranch and Coast Real Estate | |||
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Neptune Dreaming - Artfully designed & one-of-a-kind OCEANFRONT HOME w/clean lines, high quality luxury finishes & PANORAMIC WHITE WATER & COASTLINE VIEWS. Gorgeous imported Italian stone & marble throughout, dual Master BRs, 2 HUGE OCEAN VIEW DECKS, vaulted ceilings, wall-to-wall disappearing glass doors, smart home system, 3-car garage. Rare Upper & Lower seawall for bluff security. 3,262SF of open living space - a fabulous Neptune retreat. Only steps to beach access, shops & restaurants. The manager has listed the unit size as 3262 square feet.
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| Jun 9, 2017 | Sold | ||
| Sold | |||
| Mar 13, 2017 | Listed by Willis Allen Real Estate | $6,600,000 | |
| Listed by Willis Allen Real Estate | |||
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The style, convenience, security, and luxury make this property the most remarkable contemporary home on the bluff. Expansive open spaces, vaulted ceilings, and wall-to-wall disappearing glass doors afford unparalleled ocean views! Custom built and impeccably finished with the highest quality of materials, this pristine oceanfront home is truly one-of-a-kind. No expense was spared: imported Italian tile, automated electronic home system, state-of-the-art upper & lower seawall, 3-car garage, and more. Neighborhoods: Oceanfront Equipment: Dryer,Garage Door Opener, Range/Oven, Washer Other Fees: 0 Sewer: Sewer Connected
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017