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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%.
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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.
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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 |
|---|---|---|---|
| Dec 15, 2025 | Sold | ||
| Sold | |||
| Oct 22, 2025 | In contract | - | |
| In contract | |||
| Sep 13, 2025 | Listed by Sothebys Int'l Realty Hamptons | $899,000 | |
| Listed by Sothebys Int'l Realty Hamptons | |||
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Charming light-filled beach cottage just 2/10 of a mile from the iconic Meschutt Beach. This home is the perfect retreat for those seeking natural beauty and a serene setting. Recently refreshed with tasteful updates, the home offers 2 true bedrooms, 2 full bathrooms, and generous living spaces that make it feel larger than its footprint—ideal for both everyday comfort and entertaining guests. The home’s timeless beach-inspired living room, complete with a cozy fireplace, sets the stage for memorable gatherings or quiet nights by the fire. The fully equipped kitchen features granite countertops and ample prep space, seamlessly connecting to the dining area with backyard views. Step outside to the deck and BBQ area for easy indoor-outdoor living.The bright primary suite includes a private en-suite bathroom, while a spacious guest bedroom and additional flex space are served by a second full bath. Perfectly situated between Hampton Bays and Southampton Villages, this property provides convenient access to the Hamptons’ finest restaurants, shops, and beaches. Hampton Bays, known as New York’s second-largest fishing village, offers endless opportunities for recreation—fishing, hiking, jet skiing, swimming, or simply relaxing along the shore. Just minutes away, Meschutt Beach features live entertainment, dining, marinas, and some of the best sunsets on Long Island. Whether as a year-round residence or seasonal escape, this home blends classic coastal charm with modern comfort in one of the Hamptons’ most desirable locations. Move-in condition.
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| May 13, 2024 | Sold | ||
| Sold | |||
| Apr 19, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017