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1765 Sand Dollar Way
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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 |
|---|---|---|---|
| Oct 31, 2025 | Relisted | $3,495,000 | |
| Relisted | |||
| Jul 26, 2025 | In contract | - | |
| In contract | |||
| Mar 17, 2025 | Listed by One Sotheby's Int'l Realty | $3,995,000 | |
| Listed by One Sotheby's Int'l Realty | |||
| Oct 14, 2013 | Listed by Dale Sorensen Real Estate Inc. | $285,000 | |
| Listed by Dale Sorensen Real Estate Inc. | |||
| | |||
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One of the last three buildable lots available in beautiful Seagrove, a lovely seaside neighborhood with undulating roads that take the shape of original dunes. Seagrove heavily laden with beautiful old oak trees and palms. Friendly community. Walk to beach. Two private crossovers. 24 Hr. staffed gated community. HOA w/moderate fees. Sizes are approx/subj to error.
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About South Beach
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$10,000 /mo
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$3,200 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017