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576 SEAGATE Avenue
About This Property
Experience coastal living at its finest in this stunning custom-built home. Scheduled for completion in October, this exceptional residence features a private pool, beautiful hardwood flooring, custom wood cabinetry, quartz countertops, and soaring vaulted ceilings complemented by oversized windows that fill the home with natural light.
Designed with both luxury and efficiency in mind, the home includes spray foam insulation, a whole-home dehumidifier, an impressive 16-foot sliding pocket glass door that seamlessly connects indoor and outdoor living. Additional highlights include an upstairs loft, private fenced backyard, paver driveway, and professionally designed landscaping.
Ideally located less than five blocks from the beach, this home is within walking distance of Fletcher High School, popular restaurants, shopping, and vibrant local entertainment.
Personalized selections and finishes will be dependent on time of purchase.
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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%.
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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.
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 | Price Decreased |
$1,349,900
↓ $50K
(3.6%) | |
| Price Decreased | |||
| Jun 15, 2026 | Listed by LMH REALTY LLC | $1,399,900 | |
| Listed by LMH REALTY LLC | |||
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About Beaches
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$8,200 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017