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718 Hightower Avenue
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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 |
|---|---|---|---|
| Sep 3, 2025 | Listed | $899,900 | |
| Listed | |||
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Embrace modern coastal living in this 2023-built home w/ metal roof, impact windows & doors. Across from Hightower Beach, this community combines contemporary design w/ a relaxed seaside lifestyle. Inside, 5 bdrms, 3.5 baths, a bonus room, & an office provide the space & flexibility today's families need. Wood-look tile floors cover the ground level leading to the kitchen w/ white cabinetry, quartz counters, SS appliances & large center island. A guest suite downstairs offers privacy & comfort. The great room & casual dining area open to the kitchen. Details like a paver driveway and a fenced yard enhance both curb appeal & everyday comfort. The community pool is just across the street, offering a convenient spot to relax. Beyond the neighborhood, cross A1A & you'll find the Beach, making spontaneous swims, sunrise walks, or afternoons in the surf part of your daily rhythm. Here, life feels effortless, weekends stretch longer & the setting turns simple routines into lasting memories.
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| Nov 8, 2023 | Listed by Non-MLS or Out of Area | $971,400 | |
| Listed by Non-MLS or Out of Area | |||
| Jun 19, 2023 | Listed by Compass Florida, LLC | $440,000 | |
| Listed by Compass Florida, LLC | |||
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About Satellite Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017