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5355 Hammock Dr
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 |
|---|---|---|---|
| Sep 11, 2026 | Price Decreased |
$18,750,000
↓ $1M
(6.3%) | |
| Price Decreased | |||
| Jun 3, 2025 | Listed by Coldwell Banker Realty | $19,999,000 | |
| Listed by Coldwell Banker Realty | |||
| Mar 1, 2024 | Sold | ||
| Sold | |||
| Feb 14, 2024 | In contract | - | |
| In contract | |||
| Dec 15, 2023 | Listed | $15,000,000 | |
| Listed | |||
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Serene 14,447 SF lakefront estate on 2 acres in gated Hammock Lake, with 8-BD, 8-BA, 2-HB, and a guest apartment with kitchen and separate entrance. Features include a grand entry with volume ceilings, floor-to-ceiling windows providing ample natural light, white oak floors, double-wide hallways, elevator, Control4, generator, and impact windows and doors. A true chef’s kitchen offers ample counter space, two islands, premium appliances, and pantry. The home is a natural extension of its environment, seamlessly blending with the lush outdoor landscape, while providing picturesque views of live oaks, sabal palms, palmettos, and ferns. Includes a lagoon-like pool, fire-pit, summer kitchen, and dock with lake access.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017