7 WAYMAN PLACE
About This Property
Step inside to find light-filled living spaces and a cheerful sunroom that opens to a charming courtyard patio - ideal for morning coffee or evening gatherings under the stars. The layout allows for both togetherness and quiet retreat, with generously sized bedrooms and versatile common areas. The AC was replaced in 2020, and a permanent whole house generator was added in 2018 making stormy season a cool breeze! This home is close to schools, shopping, restaurants, banks, and more.
And best of all? You're just minutes from the sparkling blue ocean and pristine beaches, making coastal living a daily reality. Whether you're hosting loved ones or simply soaking in the peace and quiet, this home offers the lifestyle you've been dreaming of.
Don't miss this rare opportunity to live in comfort, space, and seaside bliss!
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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 |
|---|---|---|---|
| Aug 5, 2025 | Sold | ||
| Sold | |||
| Jun 30, 2025 | In contract | - | |
| In contract | |||
| Jun 26, 2025 | Price Decreased |
$324,900
↓ $15K
(4.4%) | |
| Price Decreased | |||
| May 20, 2025 | Listed by RE/MAX SELECT PROFESSIONALS | $340,000 | |
| Listed by RE/MAX SELECT PROFESSIONALS | |||
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About Pine Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017