7422 SEA MANATEE STREET
About This Property
The thoughtfully designed first floor features tile flooring throughout the main living areas, creating a seamless and low-maintenance living space. The expansive kitchen is beautifully appointed with Stone Gray cabinetry, Carrara Delphi quartz countertops, abundant storage, and an open-concept design that flows effortlessly into the main living area-perfect for entertaining or everyday living.
A private home office provides the ideal work-from-home setup, while the formal dining room offers an elegant space for hosting family gatherings and celebrations. Upstairs, a massive loft creates endless possibilities for a media room, playroom, fitness space, or second living area. Spacious secondary bedrooms and plush carpeting throughout the second floor provide comfort and privacy for family and guests alike.
Located in a vibrant lagoon community, residents enjoy access to a one-of-a-kind lifestyle featuring crystal-clear waters, recreational activities, and resort-style amenities. With its oversized corner lot, flexible living spaces, and exceptional design, the Ellington floorplan delivers the space and lifestyle you've been searching for.
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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 |
|---|---|---|---|
| Jun 8, 2026 | Listed by OLYMPUS EXECUTIVE REALTY INC | $599,990 | |
| Listed by OLYMPUS EXECUTIVE REALTY INC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017