30
Map
407 Sandpiper 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 |
|---|---|---|---|
| Apr 6, 2026 | Sold | ||
| Sold | |||
| Mar 6, 2026 | In contract | - | |
| In contract | |||
| Feb 18, 2026 | Listed by Dale Sorensen Real Estate | $695,000 | |
| Listed by Dale Sorensen Real Estate | |||
| May 13, 2025 | Listed | $739,000 | |
| Listed | |||
| | |||
|
Tucked away in a WATERFRONT community of Satellite Beach, this beautifully updated beachside retreat is the perfect blend of coastal charm & modern comfort. From the moment you step inside, you're greeted by an open, sun-filled floor plan that effortlessly connects the main living spaces. The heart of the home is a stunning quartz kitchen, thoughtfully designed with both style and functionality in mind, flowing into an expansive living area ideal for everyday living and entertaining alike.The brand-new custom primary suite offers a peaceful retreat, while the screened patio invites you to relax and take in the serene water views. Just beyond, the tropical fenced backyard becomes your private oasis—complete with a dock where dolphins and manatees are frequent visitors. Recent upgrades ensure peace of mind & convenience, including a EV station, water heater (2024), newer roof (2023), LENOX HVAC Furnace (2025) and a spacious BRAND NEW Lanai addition completed in 2025. A MUST SEE!
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| Mar 28, 2025 | Price Decreased |
$775,000
↓ $24K
(3%) | |
| Price Decreased | |||
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About Waterway Estates North
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017