7 ABACK COURT
About This Property
This charming residence features a convenient in-law suite or guest apartment above the expansive 1,440 sq ft garage. Built with a sturdy 4' stem wall, you'll enjoy fantastic lake views from the bay window on the second floor, as well as from the deck and one of the bedrooms.
The kitchen is a chef's dream, equipped with beautiful wood cabinets, stainless steel appliances, a handy lazy Susan, an appliance cabinet with an outlet, a pantry cabinet, and a spacious island that includes outlets and a built-in table for casual meals.
The bonus room presents endless possibilities-perfect for a game room, music studio, or even additional bedrooms. The updated second floor boasts two beautifully refreshed bedrooms, showcasing all new flooring, fresh paint, and a modern kitchen.
Located in a neighborhood filled with newer homes, this deed-restricted community is well-maintained. You're also within close proximity to the Cape Haze Pioneer Trail, an 8-mile paved path ideal for cyclists and joggers. Shopping at Publix is just 5 miles away, and you're only 10 minutes from the beautiful Boca Grande.
Enjoy boating, fishing, beaches, and fantastic dining options all around. Plus, the motivated seller is even willing to assist with closing costs or minor repairs!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 1, 2025 | Sold | ||
| Sold | |||
| Jan 12, 2025 | In contract | - | |
| In contract | |||
| Dec 19, 2024 | Price Decreased |
$325,000
↓ $15K
(4.4%) | |
| Price Decreased | |||
| Dec 10, 2024 | Price Decreased |
$340,000
↓ $9K
(2.6%) | |
| Price Decreased | |||
| Nov 10, 2024 | Listed by EXIT KING REALTY | $349,000 | |
| Listed by EXIT KING REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017