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230 Sequams Lane Center
About This Property
At the heart of the home is the newly renovated kitchen, beautifully designed to impress even the most discerning chef. Featuring top-of-the-line Viking appliances, refined finishes, and a modern yet timeless aesthetic, this space effortlessly combines style with exceptional functionality, making it ideal for both casual meals and elevated entertaining. An added in-law space enhances the home's appeal, offering privacy and convenience for extended guests, while the two-car garage provides ample room for parking and storage. Outdoors, the home boasts approximately 90 feet of bulkheading with private docking, and is located just four homes from the open bay, offering beautiful water views and quick, direct access for boating, kayaking, and true waterfront living. Enjoy tranquil surroundings, refreshing bay breezes, and the ultimate coastal lifestyle right from your own backyard.
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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 |
|---|---|---|---|
| Aug 12, 2026 | Price Decreased |
$999,999
↓ $50K
(4.8%) | |
| Price Decreased | |||
| May 23, 2026 | Price Decreased |
$1,050,000
↓ $74K
(6.6%) | |
| Price Decreased | |||
| Mar 27, 2026 | Price Decreased |
$1,124,000
↓ $25K
(2.2%) | |
| Price Decreased | |||
| Jan 17, 2026 | Listed by Netter Real Estate Inc | $1,149,000 | |
| Listed by Netter Real Estate Inc | |||
| Dec 19, 2025 | Withdrawn | - | |
| Withdrawn | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017