64
Map
462 Sandpiper Drive
About This Property
Step inside to a bright, open-concept layout designed for comfortable everyday living and easy entertaining. The spacious living area features peaceful water views, while the refurbished terrazzo floors add timeless Florida character throughout the home. The kitchen includes new appliances and flows seamlessly into the main living and dining spaces.
Both bathrooms have been updated, and the home has been freshly painted throughout. Additional improvements include a new roof, refurbished dock, hurricane panels, upgraded attic insulation, a new washer and dryer, a new sprinkler timer, a new FPL utility pole installed in 2025, and a new electrical subpanel. A brand-new air-conditioning system is also scheduled to be installed. Outside, the refurbished dock provides the perfect place to launch your next adventure, enjoy an evening by the canal, or simply relax and watch the water. With Banana River access, extensive updates, an open floor plan, and a move-in-ready interior, this canal-front home delivers the Florida waterfront lifestyle you have been searching for.
Bring your boat, unpack your bags, and start enjoying life on the water!
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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 |
|---|---|---|---|
| Oct 2, 2026 | Sold | ||
| Sold | |||
| Sep 2, 2026 | In contract | - | |
| In contract | |||
| Aug 22, 2026 | Price Decreased |
$629,000
↓ $20K
(3.1%) | |
| Price Decreased | |||
| Aug 13, 2026 | Price Decreased |
$649,000
↓ $19K
(2.8%) | |
| Price Decreased | |||
| Jul 30, 2026 | Price Decreased |
$668,000
↓ $17K
(2.5%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Status
Price/ft²
Listed On
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About Waterway Estates North
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017