5
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773 Dune Road
About This Property
Upon entering this timeless modern 5-bedroom, 4.5-bathroom home, you're immediately greeted by the grand entry foyer with a soaring ceiling height of 17.5 feet and exposed steel structural elements. The open floor plan on the first floor seamlessly blends the living and dining areas with the state-of-the-art chef's kitchen. The custom kitchen features a dining island with seating for 7 and top-of-the-line Thermador appliances. The living room features a porcelain wrapped fireplace and oversized sliding doors that lead out to the back deck, where you'll find a stunning heated gunite infinity pool with hot tub jets overlooking the Atlantic Ocean, an outdoor custom kitchen, beach walkway, and an outdoor shower. The first floor also includes a laundry room, a powder room with interior access and access from the rear deck, radiant heat, and tile floors throughout, as well as a first floor ensuite bedroom and hidden millwork storage under the stairs.
The second floor is dedicated to the master suite and a junior suite with deck, each with its own ensuite bathroom. The master bathroom features body spray shower, soaking tub, and sweeping water views.
The third floor has two bedrooms, each with private balconies, and a full bathroom. The house features steel core construction, custom European aluminum windows, and countless other coastal details ensuring that it is built to the highest standards of safety and durability.
Beautifully landscaped, the driveway leads to two full-sized car garages, each capable of accommodating two vehicles and providing additional storage. Additionally, the home has an easement to Moriches Bay, allowing for kayak or paddle board launch. Offering a rare combination of timeless beauty and state-of-the-art craftmanship this home is set for completion in June 2023. Additional Information: Amenities:Soaking Tub,Storage,ParkingFeatures:4+ Car Attached,
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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 |
|---|---|---|---|
| Sep 26, 2025 | Sold | ||
| Sold | |||
| Aug 11, 2025 | In contract | - | |
| In contract | |||
| Jun 26, 2025 | Price Decreased |
$5,250,000
↓ $745K
(12.4%) | |
| Price Decreased | |||
| Mar 17, 2025 | Price Decreased |
$5,995,000
↓ $305K
(4.8%) | |
| Price Decreased | |||
| Jan 5, 2025 | Price Decreased |
$6,300,000
↓ $595K
(8.6%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017