7196 SE Seagate Lane #7196
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.
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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 |
|---|---|---|---|
| Feb 21, 2025 | Sold | ||
| Sold | |||
| Jan 28, 2025 | In contract | - | |
| In contract | |||
| Jan 17, 2025 | Listed by Continental Properties, Inc. | $539,900 | |
| Listed by Continental Properties, Inc. | |||
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Gorgeous and spacious 3 bedroom, 2 1/2 bath home features a loft that can easily be transformed into a home office or playroom and a huge lanai with screened pool overlooking a preserve. Freshly painted inside and out. New carpet in all bedrooms and formal living room. Brand-new fans and lights throughout. Cathedral ceilings for a bright and open space. Accordion Hurricane Shutters. Home is Pre-wired for a generator. Large Primary bedroom with sliders to the pool. Kitchen features granite countertops and ample cabinet space. Spotless, clean and move in ready! Gated neighborhood offering amenities such as community pool, tennis courts and basketball. Located at the best price in the neighborhood, this home offers exceptional value for its size/features. Don't miss out on this opportunity!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/17/2025
|
3 Bed
|
3 Bath
|
2189 ft²
|
$539,900
3 Bed
3 Bath
2189 ft²
|
$530,000
-1.83%
02/21/2025
|
Michelle A Zwart
Continental Properties, Inc.
|
Building Info
About Martin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017