159 Beacon Point Drive
About This Property
Beautifully maintained 3-bedroom, 2.5-bath home features an open living, dining, and kitchen layout and showcases a stunning water backdrop. The glider window opens to a screened porch and patio. This home is perfect for watching dolphins, coastal birds, and spectacular sunrises and sunsets.
Enjoy watersports right from your backyard. Boat ramp next door with no motorboats to keep the calm peace. Furniture can be negotiated if needed. environment. Adjacent to your backyard is a boat launch to enjoy paddleboarding, fishing, canoeing, or mooring your own boat and exploring the bay. One home site away is a large boat dock for owners to enjoy.
With fresh paint, updated kitchen, and your own tranquil water view home, you may create a move-in-ready paradise! There are endless views from this home, including water views from your primary bedroom! Located on a quiet cul-de-sac with a reasonable HOA.
This pet-friendly community is a short golf cart ride to dining, entertainment, neighborhood trails, Publix, and nearby beaches. There is also easy access to three nearby airports.
Whether savoring morning coffee on the porch while enjoying the beautiful views of the bay, this property delivers a rare combination of natural beauty, privacy, and convenience. A one-year home warranty adds peace of mind.
The neighborhood is north of Hwy 98 and about 3 miles to the nearest white sand and clear water beaches. Away from traffic and noise while also minutes from the popular Bay Town Wharf, Grande Shops, and outlets. And so much more.
The Sacred Oaks covenants do not allow short-term rentals as the community is a tranquil waterfront community. This perfect beach house is awaiting your new family memories.
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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 |
|---|---|---|---|
| Aug 17, 2026 | Price Decreased |
$675,000
↓ $24K
(3.4%) | |
| Price Decreased | |||
| Jul 17, 2026 | Price Decreased |
$699,000
↓ $26K
(3.6%) | |
| Price Decreased | |||
| Jul 10, 2026 | Price Decreased |
$725,000
↓ $24K
(3.2%) | |
| Price Decreased | |||
| Jun 30, 2026 | Price Decreased |
$749,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Jun 4, 2026 | Price Decreased |
$759,000
↓ $20K
(2.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017