45
Map
8020 S Ocean Drive
About This Property
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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 |
|---|---|---|---|
| Apr 30, 2026 | Sold | ||
| Sold | |||
| Mar 28, 2026 | In contract | - | |
| In contract | |||
| Mar 16, 2026 | Listed by One Sotheby's Intl. Realty | $5,490,000 | |
| Listed by One Sotheby's Intl. Realty | |||
| | |||
|
SALE PRICE REFLECTS NETSALE - Where the Atlantic meets the Intracoastal, this 2020-built coastal estate captures the rare privilege of true dual-waterfront living. Designed for sunrise over the ocean and sunset across the river, nearly every room frames sweeping water views. Close to 5,000 square feet of refined interiors blend architectural clarity with effortless flow. Bespoke RH finishes, a chef's kitchen with Sub-Zero and Wolf appliances, and spa-inspired en-suites create a private resort atmosphere. Quartz surfaces, porcelain details, and rich dark maple accents add warmth to contemporary design. Expansive glass walls dissolve the line between indoors and sea and sky. A six-car garage and private community dock accommodating vessels up to 50 feet
| |||
| Aug 17, 2020 | Sold | ||
| Sold | |||
| Jul 7, 2020 | No longer available | - | |
| No longer available | |||
Property Highlights
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About South Hutchinson Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017