1022 SEAWOOD Drive
About This Property
Inside, hardwood floors run throughout most of the home, with granite counters in the kitchen and full baths. The gathering room features a wood-burning fireplace, and the second bedroom includes a built-in Murphy bed. The owner's suite has two walk-in closets and a bath with dual vanities, whirlpool tub, and walk-in shower.
Updates include a 22KW Generac propane generator, aluminum hurricane shutters, outdoor sprinkler, monitored security, two Tempstar heat pump units (2017 & 2023), Sentricon termite bond, water softener (2017), and hot water heater Updates include a 22KW Generac propane generator, aluminum hurricane shutters, outdoor sprinkler, monitored security, two Tempstar heat pump units (2017 & 2023), Sentricon termite bond, water softener (2017), and hot water heater (2024). Additional perks: paved front porch seating, hall bath access to the pool, and a location that puts you minutes from the sand. New roof to be provided (buyer can choose shingle color w seller approval). Items that do no convey, Refrigerator in garage, washer/dryer, TV and mount in Family Room.
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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 |
|---|---|---|---|
| Aug 27, 2025 | Sold | ||
| Sold | |||
| Aug 16, 2025 | In contract | - | |
| In contract | |||
| Aug 14, 2025 | Listed by HOVER GIRL PROPERTIES | $1,099,900 | |
| Listed by HOVER GIRL PROPERTIES | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017