$610,000
●
Townhouse -
Off Market
3 Beds
4 Baths,
1
Half Bath
2,350 Ft²
$1,129,614
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model
About This Property
LOWEST PRICED UNIT. BEAUTIFUL CORNER UNIT TOWNHOUSE. COME SEE THE
OCEAN FROM YOUR ROOFTOP. ELEVATOR FROM ENTRY TO 3RD FLOOR. ROOF TOP
DECK WITH PRIVATE ENDLESS POOL ON ONE SIDE & OCEANVIEW ON THE
OTHER. GRANITE COUNTER TOPS W/DESIGNER ITALIAN WOOD CAB INE TS, TOP
OF THE LINE GAS RANGE & APPLIANCES. BAMBOO FLOORING, 10' CEILINGS
THROUGHOUT. PRIVATE GARDEN ENTRY, STEPS TO THE BEACH. HURRICANE
PROOF POURED CONCRETE AND STEEL CONSTRUCTION W/IMPACTED WINDOWS.
GATED ENTRY INTO 2 CAR GARAGE.
Unit Size
2,350 Ft²
Days on Market
-
Land Size
-
Price per sqft
$276
Property Type
Townhouse
Property Taxes
$672
HOA Dues
$566
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (Beaches MLS #H927878)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 25, 2016 | Sold | ||
| Sold | |||
| Jan 21, 2016 | Listed by Bayview Realty Inc. | $649,000 | |
| Listed by Bayview Realty Inc. | |||
Property Highlights
Elevator
Parking Details
Has Garage
Garage Features: Attached
Parking Features: Fee Simple Garage
Garage: 2 Spaces
Interior Details
Full Bathrooms: 3
Half Bathrooms: 1
Interior Features: First Floor Entry, Kitchen Island, Elevator, Split Bedroom, Vaulted Ceilings, Walk-In Closets
Appliances: Automatic Garage Door Opener, Central Vacuum, Dishwasher, Disposal, Dryer, Gas Range, Refrigerator, Smoke Detector, Wall Oven, Washer
Flooring Type: Carpeted Floors, Wood Floors
Dining Room: Dining/Living Room, Eat-In Kitchen
Exterior Details
Listing Terms: Cash, Conventional, FHA, VA
Construction Type: Cbs Construction, Pre-Cast Concrete Construction
Exterior Features: Open Balcony
Financial Details
Total Taxes: $8,060
Tax Year: 2014
Possession Information: Funding
Utilities Details
Heating Type: Central Heat, Electric Heat
Cooling Type: Central Cooling, Electric Cooling
Location Details
Location: A1A JUST NORTH OF 14TH STREET, TURN LEFT ON 15TH STREET. PALM COVE LOFTS RIGHT ON THE CORNER. PARKING IN FRONT OF UNIT.
Front Exposure: North
Subdivision Complex Building: PALM COVE LOFTS
Water Access: None
HOA Details
HOA Fee: $566 Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|
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Listed by: Earl Lawrence
Bayview Realty Inc.
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# H927878
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Bayview Realty Inc.
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# H927878
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017