160 Sweet Tea Lane
About This Property
Located in amenity-rich Hammock Bay with clubhouse, resort pools, miles of trails, brewery, lake club, sports courts, new $80M+ Freeport Middle School, minutes to Publix and Sacred Heart, and only ~25 minutes to 30A's sugar-white beaches. Move-in ready with upgrades rarely available in the community -schedule your private showing today!
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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 |
|---|---|---|---|
| Jan 12, 2026 | Sold | ||
| Sold | |||
| Dec 3, 2025 | In contract | - | |
| In contract | |||
| Nov 21, 2025 | Listed by Hammock Bay | $669,000 | |
| Listed by Hammock Bay | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017