333 Schooner Drive
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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 |
|---|---|---|---|
| Oct 15, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 15, 2026 | Listed by Carter Signature Properties | $425,000 | |
| Listed by Carter Signature Properties | |||
| Sep 22, 2026 | Price Decreased |
$449,900
↓ $19K
(4.1%) | |
| Price Decreased | |||
| Aug 4, 2026 | Price Decreased |
$469,000
↓ $30K
(6%) | |
| Price Decreased | |||
| May 8, 2026 | Listed by Creekview Realty | $499,000 | |
| Listed by Creekview Realty | |||
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Seller offering up to $5,000 toward rate buydown or concessions — drop your payment, not your standards. Double-lot footprint offers rare expansion or second-structure potential. Priced to move! Buy into instant equity! Rare double-waterfront opportunity on Treasure Island — two buildable canal-front lots (10,000 sqft total) with the bay 30 seconds away and the Gulf just 5 minutes by boat. Watch sunrise AND sunset over water from this end-of-canal corner. Neighborhood Gulf beach entrance 2 minutes from home. New WPI-8 certified roof (2026), new AC (2023), quartzite counters. Decking with 360 degree views, TWO boat lifts, parking for 4 boats, tiki bar with festive lighting, outdoor sink/BBQ area, fish cleaning table, covered parking. Live in one home and build your dream or investment home on the second lot — or hold both for the view that can never be built out. True turnkey, furniture conveys except personal items. Bring the boat, bring the family, start living the bay & beach life.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017