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156 Seagate Road
About This Property
The convenient first floor primary suite features an office, built-in cabinetry, oversized bath and closet, and French doors which open right out to the tropical pool area. The pristine outdoor covered loggia has a vaulted ceiling and motorized screens, plus an al fresco dining and sitting area which both look out to the backyard's quintessentially Palm Beach landscape and 40' heated pool and spa. Other pool area highlights include the brand new built-in grill and outdoor shower. The mudroom off the 2 car garage includes washer/dryer, built-ins, and a bench for convenience. Not to be overlooked are amenities like the full-house generator and central vacuum system.
Seagate residents are both steps to the Sailfish Club and exclusive deeded access to the North Shore Beach Club, which includes a beach cabana structure boasting high ceilings, a dining area, waterfront patio, and a relaxing hammock.
Move right in to start experiencing all that Palm Beach Island living has to offer.
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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 |
|---|---|---|---|
| Apr 4, 2025 | Sold | ||
| Sold | |||
| Feb 18, 2025 | In contract | - | |
| In contract | |||
| Sep 27, 2024 | Listed by Premier Estate Properties, Inc | $14,950,000 | |
| Listed by Premier Estate Properties, Inc | |||
| Dec 6, 2023 | Sold | ||
| Sold | |||
| Sep 21, 2023 | Listed by Premier Estate Properties, Inc | $16,995,000 | |
| Listed by Premier Estate Properties, Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017