39
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475 Sandy Cay Drive
About This Property
Step outside to enjoy a screened patio--ideal for relaxing, listening to the waves crashing along the beach. With four spacious bedrooms and two full bathrooms, there's plenty of room for family, guests, or a home office setup. Other updates include a paver driveway, gutters, Sylvester palm trees adding to the home's curb appeal.
Located just moments from the beach, this home offers exclusive private beach access, making it easy to enjoy the coastal lifestyle every day. Whether you're searching for a primary residence, vacation home, or investment opportunity, 475 Sandy Cay Drive checks all the boxes. Short Term Rentals allowed.
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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 |
|---|---|---|---|
| Sep 4, 2026 | Price Decreased |
$799,000
↓ $1K
(0.1%) | |
| Price Decreased | |||
| Apr 6, 2026 | Listed by Realty ONE Group Emerald Coast | $800,000 | |
| Listed by Realty ONE Group Emerald Coast | |||
| Dec 1, 2020 | Sold | ||
| Sold | |||
| Sep 25, 2017 | Sold | ||
| Sold | |||
| Jul 31, 2017 | Listed by Realty ONE Group Emerald Coast | $379,990 | |
| Listed by Realty ONE Group Emerald Coast | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017