22 Spinaker CIRCLE
About This Property
Located on a saltwater canal (Matanzas River) that conveniently connects to the Intracoastal Waterway, this 40 foot by 120-foot lot boasts 4,688 square feet of prime real estate ready for your creative vision. Whether you're a boating enthusiast or simply relish the serene waterfront lifestyle, this lot provides the canvas for your coastal paradise.
One of the standout features of Yacht Harbor Village is its 24-hour security, ensuring peace of mind and privacy for all residents. This gated haven grants you access to an array of exclusive amenities, with the crown jewel being the Yacht Harbor Village marina, which can accommodate your boat and connect you to the open waters of the Intracoastal Waterway and Atlantic Ocean. Enjoy leisurely strolls or golf cart rides along the marina's picturesque promenade and savor the breathtaking sunsets that paint the skies.
But the allure of this community doesn't stop there. Owning the property gives you the option of a membership to the world renown Hammock Beach Resort, making you a privileged member of this world-class coastal paradise.
One of the most remarkable features of this property is that you have the freedom to choose your own custom builder, with no mandated build time. This means you can design and create the home you've always envisioned, tailored to your personal taste and preferences. Don't delay, start living your summer dream today!
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Oct 15, 2024 | Sold | ||
| Sold | |||
| Sep 26, 2024 | In contract | - | |
| In contract | |||
| Jun 19, 2024 | Price Decreased |
$265,000
↓ $30K
(10.2%) | |
| Price Decreased | |||
| Apr 30, 2024 | Price Decreased |
$295,000
↓ $15K
(4.8%) | |
| Price Decreased | |||
| Nov 3, 2023 | Listed by COLDWELL BANKER COAST REALTY | $310,000 | |
| Listed by COLDWELL BANKER COAST REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017