77 Jefferson Shores Rd
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 |
|---|---|---|---|
| Jul 15, 2025 | Sold | ||
| Sold | |||
| Jun 23, 2025 | In contract | - | |
| In contract | |||
| Jun 18, 2025 | Listed | $1,295,000 | |
| Listed | |||
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Year-Round Waterfront & Direct Beach Front with Built-In Income Flexibility. Wake up to sweeping, postcard-perfect views of Buttermilk Bay in this updated five-bedroom, three-bath retreat tucked in the coveted Jefferson Shores enclave, just before the bridge, so you enjoy Cape Cod living without the traffic. Featuring 5 bedrooms, 3 full baths, & 2 full KITCHENS, this home offers incredible flexibility w/ a fully finished walk-out lower level perfect for an ADU, in-law suite, Airbnb, or rental opportunity. The sun-filled open living/dining room w. panoramic views, hardwood floors, & a gas fireplace. Entertain easily with a wrap-around deck, patio, & beautifully landscaped yard leading to the sandy beach. The private association beach is just steps away for swimming, kayaking, or relaxing. A mooring is secured for the season, ideal for boating enthusiasts. Located just before the Cape Cod bridges, this is the perfect escape, free from traffic & flood insurance.
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| May 6, 2022 | Sold | ||
| Sold | |||
| Mar 3, 2022 | Listed by Success! Real Estate | $1,100,000 | |
| Listed by Success! Real Estate | |||
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This beachfront property on Buttermilk Bay is a year round oasis. Nestled in desirable Jefferson Shores, this home boasts a panoramic wall of windows in the open living room/dining room with hardwood floors and a gas fireplace. The five bedrooms, three full baths, and the option for two more bedrooms in the fully finished walk-out lower level mean plenty of room for family and friends. Two full kitchens- one on the main level with easy access to the deck for grilling, and one on the lower level for weekend guests or the kids and grandkids. The large wrap around deck and patio area are ideal for summer entertaining. The tidy and manicured landscaping frames your view of the sandy beach and calm bay. Take a few steps down the stairs or association path to the beach for relaxing, swimming, or accessing a mooring. Grab your paddleboard or kayak from your stand on the shore. From striper fishing in the spring and fall, to quahogs and clams in the summer, you can bring your dinner home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017