40 Seagate DR #402A
About This Property
The manager has listed the unit size as 1305 square feet.
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 |
|---|---|---|---|
| Sep 15, 2019 | No longer available | - | |
| No longer available | |||
| Jul 27, 2019 | Price Decreased |
$1,220,000
↓ $30K
(2.4%) | |
| Price Decreased | |||
| Mar 6, 2019 | Price Decreased |
$1,250,000
↓ $40K
(3.1%) | |
| Price Decreased | |||
| Feb 7, 2019 | Price Decreased |
$1,290,000
↓ $10K
(0.8%) | |
| Price Decreased | |||
| Jan 2, 2019 | Listed | $1,300,000 | |
| Listed | |||
| | |||
|
Enjoy panoramic views of the Gulf from the balcony of this totally renovated unit! All windows are new and are hurricane impact to code! Gourmet kitchen with marble counter tops and all new modern appliances. The unit has been professionally decorated with custom cabinetry, furniture and bedding, and wide oak plank floors. There are even power shades in the living room and master bedroom, 3 flat screen TV's, and a new air conditioning system. A great opportunity to own an incredible beachfront property that generates nearly $100,000 of income!! Close to restaurants and shopping at the Waterside Shops and the Village Shops. The manager has listed the unit size as 1305 square feet.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/03/2026
|
2 Bed
|
2 Bath
|
1305 ft²
|
$1,650,000
2 Bed
2 Bath
1305 ft²
|
$1,575,000
-4.55%
05/06/2026
|
Robin Galles
Premiere Plus Realty Co.
| |
|
12/01/2025
|
3 Bed
|
2 Bath
|
1445 ft²
|
$1,850,000
3 Bed
2 Bath
1445 ft²
|
$1,700,000
-8.11%
01/23/2026
|
Fauzia Tahiry
Downing Frye Realty Inc.
| |
|
01/20/2025
|
2 Bed
|
2 Bath
|
1305 ft²
|
$1,995,000
2 Bed
2 Bath
1305 ft²
|
-
-
|
Mary Catherine White
Downing Frye Realty Inc.
| |
|
01/03/2025
|
2 Bed
|
2 Bath
|
1305 ft²
|
$1,620,000
2 Bed
2 Bath
1305 ft²
|
$1,450,000
-10.49%
11/07/2025
|
Fauzia Tahiry
Downing Frye Realty Inc.
| |
|
03/20/2024
|
3 Bed
|
2 Bath
|
1445 ft²
|
$2,150,000
3 Bed
2 Bath
1445 ft²
|
-
-
|
Fauzia Tahiry
Downing Frye Realty Inc.
| |
|
07/21/2023
|
2 Bed
|
2 Bath
|
1305 ft²
|
$1,550,000
2 Bed
2 Bath
1305 ft²
|
-
-
|
Catherine McCormick
Premier Sotheby's Int'l Realty
| |
|
07/05/2022
|
3 Bed
|
2 Bath
|
1445 ft²
|
$1,400,000
3 Bed
2 Bath
1445 ft²
|
-
-
|
Fauzia Tahiry
Downing Frye Realty Inc.
| |
|
11/03/2020
|
3 Bed
|
2 Bath
|
1445 ft²
|
$1,250,000
3 Bed
2 Bath
1445 ft²
|
$1,200,000
-4.00%
12/30/2020
|
Marcia J Hawken
| |
|
02/10/2020
|
2 Bed
|
2 Bath
|
1305 ft²
|
$1,250,000
2 Bed
2 Bath
1305 ft²
|
-
-
|
-
| |
|
01/02/2019
|
2 Bed
|
2 Bath
|
1305 ft²
|
$1,300,000
2 Bed
2 Bath
1305 ft²
|
-
-
|
-
| |
|
08/28/2018
|
2 Bed
|
2 Bath
|
1305 ft²
|
-
2 Bed
2 Bath
1305 ft²
|
-
-
|
-
| |
|
08/24/2018
|
2 Bed
|
2 Bath
|
1305 ft²
|
$1,425,000
2 Bed
2 Bath
1305 ft²
|
-
-
|
-
| |
|
07/19/2018
| |
2 Bed
|
2 Bath
|
1305 ft²
|
-
2 Bed
2 Bath
1305 ft²
|
-
-
|
-
|
|
03/05/2018
|
2 Bed
|
2 Bath
|
1305 ft²
|
-
2 Bed
2 Bath
1305 ft²
|
-
-
|
-
| |
|
04/24/2013
|
2 Bed
|
2 Bath
|
1305 ft²
|
$875,000
2 Bed
2 Bath
1305 ft²
|
$790,000
-9.71%
02/26/2014
|
Ann Renner
Premier Sotheby's International Realty
|
Building Info
About Naples
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$12,000 /mo
- 3 Beds
- 2 Baths
- 1,826 ft²
$12,000 /mo
- 3 Beds
- 2 Baths
- 2,111 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017