55
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22 Banyan Road
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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%.
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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 20, 2026 | Sold | ||
| Sold | |||
| Aug 25, 2026 | In contract | - | |
| In contract | |||
| Jul 10, 2026 | Listed by Illustrated Properties | $1,285,000 | |
| Listed by Illustrated Properties | |||
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If you could craft a Sewall's Point home that combines the perfect location, space to grow, and sensible features, 22 Banyan is the ideal address. The approach to this residence takes you through the canopy of mature tropical trees in the Indialucie neighborhood of North Sewall's Point. Perfectly situated on 1/3rd+ acre lot, banana and avocado trees grow as if native to the property. Freshly painted inside, find two abundant living areas, perfect for flexible living. Kitchen, with island station and breakfast nook, serves as the hub of the home. Dedicated dining room connects living areas with main suite. Enter the primary suite, and enjoy a long walk-in closet, and luxurious remodeled bathroom, complete with "wet room" concept. Three guest rooms are split from the main quarters, allowing for a measure of privacy for family and friends alike. Solid concrete block construction, connection to public sewer (no septic system), and 2023 roof add to peace of mind. Outside, enjoy an expansive screened, covered patio, and refreshing pool (resurfaced in 2021) with heater. The yard is a Florida gardener's dreamscape, with full fencing, and abundant planting areas beckon to engage your green thumb. This is true Sewall's Point living, ready for you to turn key and enjoy!
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| Apr 17, 2019 | Sold | ||
| Sold | |||
| Apr 2, 2018 | Listed by Berkshire Hathaway Florida Realty | $590,000 | |
| Listed by Berkshire Hathaway Florida Realty | |||
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About Sewall's Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017