3098 Sloop Lane
About This Property
Live the ultimate Pine Island lifestyle with this 2018-built, move-in ready waterfront home offering direct Gulf access and beautiful canal views right from your backyard.
NO FLOODING during recent hurricanes - high elevation for added peace of mind
Boaters and outdoor lovers will love:
7,000 lb boat lift with canopy
Dedicated kayak lift + TWO kayaks included
Fish cleaning station
Quick access to open water
This home is being sold FULLY FURNISHED with coastal decor - just bring your toothbrush and start enjoying island living immediately.
Recent upgrades provide comfort and efficiency:
New HVAC system
New water heater
Updated kitchen appliances
Newer roof
Spray foam insulation (2023)
Relax on the screened lanai overlooking the water - perfect for entertaining or unwinding after a day on the boat.
Waterfront living UNDER $400K opportunity
Ideal for full-time living, seasonal use, or rental income
Schedule your showing today
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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 |
|---|---|---|---|
| May 7, 2026 | Sold | ||
| Sold | |||
| Apr 26, 2026 | In contract | - | |
| In contract | |||
| Apr 9, 2026 | Price Decreased |
$399,000
↓ $30K
(7%) | |
| Price Decreased | |||
| Mar 17, 2026 | Price Decreased |
$429,000
↓ $20K
(4.5%) | |
| Price Decreased | |||
| Feb 23, 2026 | Listed by John R. Wood Properties | $449,000 | |
| Listed by John R. Wood Properties | |||
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About St. James City
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017