68
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6827 SANDERLING LANE
About This Property
This 3-bedroom, 2-bath home offers direct Gulf access with no bridges and a rare double seawall-nearly double the waterfront of many neighboring properties.
From your backyard, you're just minutes to open water. Cruise to Anclote Key, explore the barrier islands of Honeymoon and Caladesi, or dock up at local favorites like Sam's Beach Bar and Whiskey River. Spend your days offshore fishing in the Middle Grounds, scalloping in season, or enjoying effortless sunset cruises right from your own dock.
Inside, the home has been professionally updated with permitted improvements, including impact-rated windows and doors, updated electrical, new flooring, renovated bathrooms with tile showers, and a refreshed kitchen-delivering move-in-ready convenience without sacrificing peace of mind.
A transferable flood insurance policy is already in place, offering added peace of mind and a valuable advantage in today's waterfront market.
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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 |
|---|---|---|---|
| Jun 28, 2026 | Price Increased |
$350,000
↑ $38K
(12%) | |
| Price Increased | |||
| Jun 19, 2026 | Price Decreased |
$312,500
↓ $3K
(0.8%) | |
| Price Decreased | |||
| Jun 12, 2026 | Price Decreased |
$315,000
↓ $5K
(1.6%) | |
| Price Decreased | |||
| May 29, 2026 | Price Decreased |
$320,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
| May 21, 2026 | Price Decreased |
$324,900
↓ $2K
(0.6%) | |
| Price Decreased | |||
Property Highlights
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About Vista Del Mar
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$3,500 /mo
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$2,295 /mo
- 3 Beds
- 2 Baths
- 1,436 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017