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116 S Sewalls Point Road
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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 |
|---|---|---|---|
| Apr 30, 2025 | Sold | ||
| Sold | |||
| Mar 25, 2025 | In contract | - | |
| In contract | |||
| Mar 13, 2025 | Listed by Douglas Elliman | $5,450,000 | |
| Listed by Douglas Elliman | |||
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Coastal Elegance Redefined - A Waterfront Masterpiece in Sewall's Point. Nestled along 132 feet of breathtaking turquoise blue Intracoastal waters on just under an acre, this estate is a true architectural gem, reimagined in a Hamptons-meets-California style by the renowned Kelly & Kelly Architects. Over the course of a meticulous three-year renovation, this estate has been completely transformed, offering an exquisite blend of timeless sophistication and modern luxury, all with unparalleled views of Bird Island.Designed for effortless waterfront living, this home has been rebuilt from the ground up, featuring block construction on the lower level and HardiePlank siding on the main level. All-new impact glass doors and windows, a reinforced garage door, new electrical,
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| Jan 12, 2022 | Sold | ||
| Sold | |||
| Nov 16, 2021 | Listed by Berkshire Hathaway Florida Realty | $1,750,000 | |
| Listed by Berkshire Hathaway Florida Realty | |||
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About Sewall's Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017