87 LAGOON BOULEVARD
About This Property
As you step through to the grand foyer, your eyes are drawn through the large sliding glass doors to the stunning water views and your custom private 4-slip floating dock - two slips boasting 15' widths, and two slips offering a 10' beam, an additional jet-dock floating slip for kayaks, jet skis, and other water activities - perfect for all your watersports, fishing excursions, or simply relaxing bayside.
The main level features a versatile office/den, powder room, and kitchen with a wine fridge. The dining room with sliding glass doors that open to an elevated deck, create a seamless indoor-outdoor living space. A spacious great room with a gas fireplace and water views makes entertaining or relaxing by the bay effortless.
Upstairs, you'll find five spacious bedrooms and two full bathrooms, including a primary suite with a bathroom featuring cathedral ceilings, a separate shower room, and a Kohler Jacuzzi Super Tub. Soak in the miles of serene views on your private 15-foot balcony. Four additional spacious bedrooms with large closets, a second full large bathroom and a convenient laundry room complete this level.
The third floor offers a large bonus area with endless possibilities - perfect for additional bedrooms, bathrooms, a playroom, office, or media space.
Enjoy thoughtful upgrades including an insulated two-car attached garage with generous storage space, a paver driveway, a 75-gallon hot water heater, a large private outdoor shower, an inground sprinkler system, alarm system, and is built to last with a roof structure rated for 130 mph winds, as well as reinforced exterior and garage doors, and hurricane-rated bracing pas er ASTM E330 standards.
With ample space, incredible views, and unbeatable 10 minutes access to the Ocean by water, "87 Lagoon" is a rare opportunity to own a slice of paradise at the Jersey Shore.
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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 |
|---|---|---|---|
| Sep 30, 2025 | Sold | ||
| Sold | |||
| Aug 4, 2025 | In contract | - | |
| In contract | |||
| Aug 1, 2025 | Listed by Prominent Properties Sotheby's Intl Realty | $2,300,000 | |
| Listed by Prominent Properties Sotheby's Intl Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017