787 Princeton Avenue
About This Property
A grand entrance leads to a soaring two-story foyer filled with natural light and framed by walls of windows that showcase breathtaking water vistas. The thoughtfully designed floor plan offers spacious living and entertaining areas The kitchen flows into the living areas, while multiple gathering spaces create the perfect setting for both intimate family moments and large-scale entertaining. The primary suite serves as a private sanctuary, featuring stunning water views and an en-suite.
Outside, professionally landscaped grounds surround the home, leading to an expansive waterfront setting complete with private dockage for multiple boats. Enjoy morning coffee overlooking the bay, host sunset gatherings on the water, or simply relax while taking in the serene coastal surroundings.
With an oversized driveway, exceptional curb appeal, and an unparalleled waterfront location, this remarkable 4-bedroom, 5-bath residence offers the rare opportunity to experience the very best of luxury coastal living.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 30, 2026 | Sold | ||
| Sold | |||
| Jun 18, 2026 | In contract | - | |
| In contract | |||
| Jun 5, 2026 | Listed by Paradise Real Estate Group | $3,200,000 | |
| Listed by Paradise Real Estate Group | |||
| Jul 24, 2025 | Price Increased |
$4,450,000
↑ $1M
(39.1%) | |
| Price Increased | |||
| Jul 23, 2025 | Listed | $3,200,000 | |
| Listed | |||
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1st Time Offered. This Magnificent Custom, Hall Built Home. Designed with Every Room Featuring Sliders to Porches, Private Balconies. Remarkable Multi Yacht Bulkhead w lifts. Grande Floor Plan. Open Views of Barnegat Bay or Metedeconk River. Professionally Landscaped & Maintained Grounds. The Interior, 3,934 feet has Magnificent Custom Woodwork. This Home Offers Opportunities to Host Events or Reside with grand comfort & opulence. 2+ Garage, Designed for Enthusiasts. Inc a Walk Down 5' High Mint Crawl/Bsmt. Waterside provides a Protected safe haven for Boats. This Home Only.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017