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About This Property
With 42 meters of coastline, the property offers wide, unobstructed panoramas from the La Paloma Lighthouse to the Rocha Lagoon-perfect for enjoying both sunrise and sunset.
The main house features an upstairs en-suite bedroom and a ground-floor integrated kitchen, dining, and living area that opens to a covered terrace with an outdoor barbecue. A second east-facing suite also overlooks the ocean.
A separate building includes two independent guest suites, ideal for added privacy. At the entrance of the property, the caretaker's house provides two bedrooms, a bathroom, and functional living spaces.
The layout and location offer excellent potential for converting the property into a boutique-style accommodation.
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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 11, 2026 | Price Decreased |
$984,999
↓ $215K
(17.9%) | |
| Price Decreased | |||
| Dec 3, 2025 | Listed by First Pro International Rlty | $1,200,000 | |
| Listed by First Pro International Rlty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017