18 Sea Gate Avenue
About This Property
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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 |
|---|---|---|---|
| Sep 9, 2025 | Sold | ||
| Sold | |||
| Jul 24, 2025 | In contract | - | |
| In contract | |||
| Feb 4, 2025 | Listed by Douglas Elliman Real Estate | $1,990,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Welcome to your dream home in the prestigious old Westhampton neighborhood! This newly constructed energy star certified luxury home boasts all the modern amenities you could ever desire. From the covered wrap around porch with mahogany decking to the double door entrance and two story grand foyer, every detail has been carefully crafted to perfection. Step inside and be greeted by custom paneling and coffered ceilings, leading you into an open, bright floor plan with living room, dining room, gourmet kitchen with wine bar and refrigerator, Viking appliances, and an abundance of natural light. The upper level boasts the primary en-suite bedroom, junior en-suite bedroom, and two guest bedrooms offer plenty of space for everyone to relax and unwind. The home also features a finished attic, The full finished lower level is an entertainer's delight with a pristine wood bar, movie theatre, gym, and bathroom. Outside, the lush landscaping surrounds the heated salt water in ground pool with stunning pavers, perfect for entertaining guests or simply enjoying a relaxing afternoon in the sun. Don't miss out on the opportunity to own this incredible property, just minutes away from highly recognized schools, the charming village, upscale shopping, renowned Hamptons beaches, and world-class restaurants. Schedule your showing today and make this your forever home!, Additional information: Appearance:Mint +++,Separate Hotwater Heater:Y
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| Sep 17, 2023 | Relisted | $1,300,000 | |
| Relisted | |||
| Nov 14, 2022 | Sold | ||
| Sold | |||
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About Westhampton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017