9 Honor Lane
About This Property
Natural light pours into every corner of this open, coastal home. Comfortably sleeping 14, the floor plan is designed for connection and flow--each of the four bedrooms, plus a dedicated bunk room, includes its own ensuite bath. Clean-lined updates by Summer House Lifestyle infuse the interiors with modern sophistication, while the outdoor living area features a private pool positioned to maximize both privacy and views.
A two-car garage adds convenience, and the gated access to WaterSound Beach Club places top-tier dining, fitness, and resort amenities just moments away should you choose to join. Whether lounging poolside or watching the gulf shimmer in the distance, life here offers an effortlessly elevated beachside rhythm.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 25, 2026 | Sold | ||
| Sold | |||
| Apr 23, 2026 | In contract | - | |
| In contract | |||
| Apr 12, 2026 | Price Decreased |
$3,650,000
↓ $45K
(1.2%) | |
| Price Decreased | |||
| Feb 21, 2026 | Price Decreased |
$3,695,000
↓ $55K
(1.5%) | |
| Price Decreased | |||
| Oct 7, 2025 | Price Decreased |
$3,750,000
↓ $149K
(3.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017