1040 SALTWATER Circle
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Mar 24, 2022 | Sold | ||
| Sold | |||
| Nov 11, 2021 | Listed by REMAX LEADING EDGE | $619,900 | |
| Listed by REMAX LEADING EDGE | |||
| Dec 22, 2016 | Sold | ||
| Sold | |||
| Sep 8, 2016 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $400,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
| | |||
|
Backing to a private preserve, this 4bd/2ba single story home located in SeaGrove offers a spacious 2371 sq. ft. This Key West style home offers concrete construction, a large front porch perfect for rocking chairs to take in the ocean breezes, a covered screened lanai in the back with preserve views and overlooking a spacious backyard. On the interior, you will find hardwood floors throughout most of the main living area and all guest bedrooms, a large kitchen with plenty of cabinetry, stainless steel appliances, and granite countertops and overlooking the kitchen nook and family room with gas fireplace. There is a separate dining room, living room and the 4th bedroom offers French doors and would make a great office. This split plan home has a large master with preserve views, double trey ceilings, walk in closets and a master bathroom with garden tub and separate vanities with granite tops.
The community of SeaGrove offers a community pool, open pavilion, large lake with boardwalk, basketball courts, boat launch on the tidal creek which leads to the Intracoastal, and a thriving town center with library, post office, hair salon, wine shop, Tropical Smoothie, cupcake store and more! The beach is just a ½ mile down the road with sidewalk access the entire way. Also located within the sought after RB Hunt school district.
| |||
| Feb 17, 2016 | Listed by REMAX LEADING EDGE | $429,000 | |
| Listed by REMAX LEADING EDGE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017