7538 Blackjack Circle
About This Property
Situated on .34 acres on a private road in the very back, you will notice no cut through traffic. NO HOA either, so bring your boat/RV and other recreational toys to your home. This open floor plan features 3 full bedrooms and 2 bathrooms. The kitchen opens up to the living room space as you enter the home.
Located off of East Bay Blvd near the private school that is walking distance. The beach is less than 12 minutes away on a normal commute. No flood zone and low insurance due to the home being newer. This is the only home on the market at this price point and being so new! Flexible closing date offered.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 19, 2025 | Sold | ||
| Sold | |||
| Feb 1, 2025 | In contract | - | |
| In contract | |||
| Jan 27, 2025 | Price Decreased |
$279,000
↓ $16K
(5.4%) | |
| Price Decreased | |||
| Jan 9, 2025 | Listed by Keller Williams Realty Navarre | $295,000 | |
| Listed by Keller Williams Realty Navarre | |||
| Nov 2, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017