824 Neptune Ave
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 8, 2026 | Price Increased |
$1,790,000
↑ $100K
(5.9%) | |
| Price Increased | |||
| Jul 6, 2026 | Listed by Pacaso Inc. | $1,690,000 | |
| Listed by Pacaso Inc. | |||
| Feb 27, 2026 | Sold | ||
| Sold | |||
| Feb 21, 2026 | In contract | - | |
| In contract | |||
| Feb 3, 2026 | Listed by Pacaso Inc. | $1,690,000 | |
| Listed by Pacaso Inc. | |||
| | |||
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New co-ownership opportunity: Own 1/8 of this professionally managed, turnkey home. This contemporary cliffside stunner offers unparalleled elegance and endless views of the Pacific. Frameless glass doors seamlessly connect the interior to the limestone-tiled terrace. The open plan living space has a sleek fireplace flanked by built-ins. The gourmet kitchen is warmed by walnut cabinets and underlit quartzite countertops, and features Miele appliances. The adjoining dining room opens to the patio, fire pit and spectacular vistas. Dual primary suites offer more ocean views through glass-railed balconies, plus luxurious en suite bathrooms. The home includes an office, family room, a glass elevator and a garage with an automatic lift. The home comes fully furnished and professionally decorated.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017