24
Map
572 SEAGATE Avenue
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 |
|---|---|---|---|
| Aug 12, 2026 | Listed by LMH REALTY LLC | $1,199,900 | |
| Listed by LMH REALTY LLC | |||
| Aug 28, 2025 | Price Increased |
$875,000
↑ $25K
(2.9%) | |
| Price Increased | |||
| Aug 27, 2025 | Price Decreased |
$850,000
↓ $135K
(13.7%) | |
| Price Decreased | |||
| Feb 13, 2025 | Listed | $985,000 | |
| Listed | |||
| | |||
|
**ZONED FOR 2 BUILDABLE LOTS!!!!**
Incredible Investment Opportunity - Prime Location in Neptune Beach!
Location, Location, Location!
Just 3 blocks from the ocean and directly across from schools, this property is located in one of the most sought-after, family-oriented neighborhoods in Neptune Beach. The area offers the perfect mix of coastal charm and convenience.
Endless Potential for Investors!
This 3-bedroom, 3-bathroom home is a fixer-upper that's ready for its next chapter. With repairs needed, this property is priced to SELL and offers a fantastic opportunity to renovate and make it your own. Alternatively, take advantage of the huge lot size - the largest on the block - and demolish the current structure to subdivide the land into two buildable lots. Imagine building TWO brand new 3-bedroom homes, perfect for retirees or beach-loving families. Property Highlights:
Large Lot: Room to build two new homes (subject to zoning approval)
3 Bedrooms, 3 Bathrooms: Spacious layout with a split-bedroom floor plan
Wood Floors: Charming original details that can be restored
Spacious Backyard: Perfect for entertaining, with a screened-in porch and deck
Prime Location: Only 3 blocks from the beach, across from schools
Whether you're looking to restore this home to its former glory or capitalize on the potential to build, this property is an excellent investment in a thriving coastal community.
| |||
| Mar 1, 2017 | Sold | ||
| Sold | |||
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About Beaches
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Currently no similar homes aroundNearby Rentals
$5,500 /mo
- 1 Bed
- 2 Baths
- 917 ft²
$7,750 /mo
- 4 Beds
- 3 Baths
- 2,570 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017