7406 HATTERAS DRIVE
About This Property
Inside, the open-concept floor plan is flooded with natural light, highlighting modern finishes and thoughtful upgrades. The stylish kitchen flows into spacious living and dining areas, perfect for entertaining. Both bathrooms have been tastefully updated, and the primary suite offers a private retreat. New impact-rated windows throughout add value and peace of mind.
Outside, enjoy dock-ready canal frontage-just bring your boat or kayak and launch into the waterways. With dining, shopping, and coastal attractions just minutes away, this home combines comfort, convenience, and true waterfront living.
The seller is ready to make a deal-act quickly before this one is gone!
(ROOF-5/2011)(A/C-2025)($100 a year for use of the community boat ramp)
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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 10, 2025 | Sold | ||
| Sold | |||
| Oct 14, 2025 | In contract | - | |
| In contract | |||
| Sep 19, 2025 | Price Decreased |
$285,000
↓ $65K
(18.6%) | |
| Price Decreased | |||
| Sep 5, 2025 | Price Decreased |
$350,000
↓ $25K
(6.7%) | |
| Price Decreased | |||
| Aug 28, 2025 | Price Decreased |
$375,000
↓ $15K
(3.9%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017