28
Map
431 Sandpiper Drive
About This Property
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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 |
|---|---|---|---|
| Nov 21, 2025 | Sold | ||
| Sold | |||
| Oct 17, 2025 | In contract | - | |
| In contract | |||
| Sep 24, 2025 | Price Decreased |
$699,900
↓ $50K
(6.6%) | |
| Price Decreased | |||
| Jul 24, 2025 | Listed by EXP Realty, LLC | $749,500 | |
| Listed by EXP Realty, LLC | |||
| May 19, 2025 | Listed | $750,000 | |
| Listed | |||
| | |||
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VERY VERY MOTIVATED SELLER!!!!!!!
Discover coastal living at its finest at 431 Sandpiper Drive in Satellite Beach. Situated on a deep-water canal with direct access to the Banana River, this move-in-ready waterfront home features a private dock and brand-new boat lift, ideal for avid boaters. Step inside to a light-filled open floor plan with elegant updates, water views, and a spacious kitchen perfect for entertaining. Enjoy indoor-outdoor living with a large backyard,pool or built an outdoor kitchen. Meticulously maintained, this home requires no updates—just bring your boat and start living your dream. Located in a quiet, sought-after beachside community just minutes from the ocean, A-rated schools, parks, and dining. Whether you're looking for a weekend escape or a full-time residence, this home offers the perfect balance of luxury, convenience, and Florida lifestyle. A rare opportunity—schedule your private tour today!
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Property Highlights
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About Waterway Estates North
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017