5 Sea Dunes TERRACE
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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%.
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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.
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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 19, 2025 | Listed | $750,000 | |
| Listed | |||
| | |||
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Steps from the Beach. Fully Updated Coastal Ranch with Stunning Outdoor Living!
Just 116 steps to the ocean, this beautifully updated 3-bedroom, 2-bath ranch-style home delivers the ultimate beachside lifestyle on a quiet, private cul-de-sac. Located at one of the highest elevations on the island, this home has never experienced flooding and requires no flood insurance, offering rare peace of mind so close to the coast. The shoreline across the street feels practically private w no crowds, no congestion, just relaxed coastal living.
Inside, you’ll find an inviting open-concept floor plan with vaulted ceilings, exposed beams, a cozy fireplace, and new wood-look tile flooring throughout. The custom upgraded kitchen features granite countertops, new stainless-steel appliances including an induction stove, a peninsula island, and thoughtful finishes throughout. Additional interior upgrades include plantation shutters, newer interior paint, updated bathrooms, modern lighting, and a 2023 hot water heater.
The outdoor living is where this home truly shines. Enjoy a gorgeous pool, covered patio, 2024 hot tub, outdoor shower, and a professionally landscaped, meticulously manicured large yard complete with a storage shed. It’s the perfect setting for entertaining, relaxing, or soaking in the coastal breeze.
Major structural upgrades have already been completed for you: a brand-new roof, gutters, soffits, exterior paint, and Armor Screen hurricane shutters for storm protection. Updated exterior lighting adds to the warm evening ambiance.
Clean, stylish, and completely move-in ready, this home offers an exceptional blend of quality, comfort, and beachside convenience without any of the typical coastal concerns.
Don’t miss the rare opportunity to own a beautifully updated pool home on high ground, steps from one of the quietest beaches on the island.
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| May 13, 2022 | Sold | ||
| Sold | |||
| Mar 18, 2022 | Listed by TRADEMARK REALTY GROUP LLC | $634,900 | |
| Listed by TRADEMARK REALTY GROUP LLC | |||
| Aug 3, 2017 | Sold | ||
| Sold | |||
| Dec 30, 2016 | Sold | ||
| Sold | |||
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About Seabridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017