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702 OVERLOOK TRAIL
About This Property
An extraordinary opportunity to own 2.5 acres of highly sought-after riverfront property directly on the scenic Spruce Creek. This expansive and private parcel offers endless potential, whether you're looking to build a custom waterfront estate or simply invest in one of the area's most coveted locations.
Imagine designing your dream home surrounded by natural beauty, with direct river access and stunning views right from your backyard. With its serene setting and unbeatable location, this property is truly a rare find in today's market.
Please note that all information provided is intended to be accurate, but it is not guaranteed.
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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 |
|---|---|---|---|
| Mar 31, 2026 | In contract | - | |
| In contract | |||
| Jan 25, 2026 | Price Decreased |
$599,000
↓ $101K
(14.4%) | |
| Price Decreased | |||
| Jul 25, 2025 | Listed by EXIT REAL ESTATE PROPERTY SOL | $699,888 | |
| Listed by EXIT REAL ESTATE PROPERTY SOL | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017