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406 Sandpiper Drive
About This Property
Inside, the home is clean, well-maintained, and completely livable, with spacious living areas and a functional layout that can be enjoyed as-is or transformed with modern updates. Outside is where this property truly shines--a massive screened pool and spa, expansive paver patio, lush tropical landscaping, and a private dock overlooking the wide canal create an incredible setting for entertaining, relaxing, or launching your boat for a day on the water.
With generous outdoor living space, a prime waterfront location, and endless possibilities to renovate or customize, this is a rare opportunity to secure one of Satellite Beach's most desi
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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 |
|---|---|---|---|
| Jul 22, 2026 | Listed by Relentless Real Estate Co. | $629,900 | |
| Listed by Relentless Real Estate Co. | |||
| Sep 5, 2003 | Sold | ||
| Sold | |||
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About Waterway Estates North
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017