2
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6981 Hammock Trace Drive
About This Property
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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.
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 |
|---|---|---|---|
| Nov 21, 2025 | Sold | ||
| Sold | |||
| Oct 25, 2025 | In contract | - | |
| In contract | |||
| Aug 20, 2025 | Listed by Waterman Real Estate, Inc. | $364,900 | |
| Listed by Waterman Real Estate, Inc. | |||
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Welcome to this beautifully maintained home located in the desirable Hammock Trace community that includes a community pool. This spacious 3-bedroom, 2-bath residence features a versatile bonus room that can be used as a home office, playroom, or guest space, giving you plenty of flexibility to fit your lifestyle.
The open floor plan is perfect for entertaining, with a bright and inviting living area that flows seamlessly into the dining space and kitchen. The master suite boasts a walk-in closet and private en-suite bath, providing a peaceful retreat at the end of the day.
Enjoy Florida living at its best with a large backyard, perfect for outdoor gatherings or simply relaxing in the sunshine. Hammock Trace is a well-established community with sidewalks for evening strolls and a location that's close to top-rated schools, shopping, dining, and easy access to I-95.
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| Apr 29, 2021 | Sold | ||
| Sold | |||
| Mar 17, 2021 | Listed by One Sotheby's International | $250,000 | |
| Listed by One Sotheby's International | |||
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About Viera South
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017