7332 Beacon Lane
About This Property
With numerous updates and full accessibility features, you can settle in and enjoy island living now and for years to come. You'll love the new elevator/lift, air-conditioned bonus room downstairs, and added possibilities with the ADJOINING LOT INCLUDED-plus room for a pool! There's plenty of storage, a huge covered lanai, a covered carport, an oversized one-car garage, and even space to park your RV.
All this, just minutes from Safe Harbor Marina, boat-access beaches, and world-class fishing. Golf enthusiasts can look forward to Alden Pines Golf Course, which is slated to reopen, and enjoy the nearby world-famous Tarpon Lodge. If you've been dreaming of privacy, comfort, and a more relaxed lifestyle, this Pine Island retreat is calling your name!
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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 |
|---|---|---|---|
| Nov 4, 2026 | Listed by John R. Wood Properties | $365,000 | |
| Listed by John R. Wood Properties | |||
| Jul 19, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017