40
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84 Barnes Street
About This Property
Offering four spacious bedrooms and two full bathrooms, this beautifully designed home boasts an open-concept main living area bathed in abundant natural light, thanks to coveted southern exposure that fills every room from morning to evening. Whether you're entertaining a crowd or enjoying a quiet morning coffee, the seamless flow between the living, dining, and kitchen spaces makes everyday living feel effortlessly elegant. Set on an oversized lot that is rare in this neighborhood, the property provides the outdoor space and privacy that beach-area homes rarely offer - with ample room to create your dream backyard retreat, garden, or outdoor entertaining area. Step outside and find yourself immersed in the vibrant energy of a true beach town, with acclaimed restaurants, boutique shops, and local cafes all within walking distance. And when the ocean calls - and it always does - you're just moments away from the sand and surf. This is more than a home. It's a lifestyle.
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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 |
|---|---|---|---|
| May 26, 2026 | Sold | ||
| Sold | |||
| Apr 2, 2026 | In contract | - | |
| In contract | |||
| Mar 22, 2026 | Price Decreased |
$1,325,875
↓ $1
(0%) | |
| Price Decreased | |||
| Mar 21, 2026 | Price Increased |
$1,325,876
↑ $876
(0.1%) | |
| Price Increased | |||
| Mar 13, 2026 | Listed by Douglas Elliman Real Estate | $1,325,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017