702 LAGOON BOULEVARD #B
About This Property
home. No detail was overlooked in this top-to-bottom renovation, where modern luxury meets seaside charm. Step inside to an open and airy layout featuring new luxury vinyl plank (LVP) flooring and brand-new windows and doors throughout, flooding the space with natural light. The gourmet kitchen boasts sleek quartz countertops and a striking quartz waterfall backsplash that adds a touch of high-end elegance. Enjoy maximum comfort year-round with a high-efficiency two zone ductless mini-split system for central air and an on demand tankless water heater for endless hot water. Entertain guests or relax on your private first- and second-floor front decks, with bonus bay views offering a serene backdrop to your island life. This property offers drive-on beach access a block down the road (with a permit), allowing you to easily take your gear for a day of fishing or relaxing, and then after a day on the shore, rinse off in the enclosed outdoor shower. Enjoy the convenience of private off-street parking for 3+ vehicles and a fenced in, newly landscaped and stoned backyard.
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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 31, 2025 | Sold | ||
| Sold | |||
| Aug 30, 2025 | Listed by EXIT Realty Defined | $625,000 | |
| Listed by EXIT Realty Defined | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/30/2025
|
3 Bed
|
2 Bath
|
2160 ft²
|
$625,000
3 Bed
2 Bath
2160 ft²
|
$625,000
10/31/2025
|
Jill Santandrea
Exit Homestead Realty Professi
| |
|
07/16/2024
| |
Studio
|
-
|
-
|
$699,000
Studio
-
|
$565,800
-19.06%
03/07/2025
|
Darlene Bacon
BHHS Fox & Roach-Vineland
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017