7623 MAKO DRIVE
About This Property
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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 |
|---|---|---|---|
| Oct 18, 2026 | Price Decreased |
$379,900
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Oct 2, 2026 | Listed by LPT REALTY, LLC | $384,900 | |
| Listed by LPT REALTY, LLC | |||
| Mar 18, 2025 | Sold | ||
| Sold | |||
| Feb 19, 2025 | In contract | - | |
| In contract | |||
| Feb 11, 2025 | Listed by CHARLES RUTENBERG REALTY INC | $300,000 | |
| Listed by CHARLES RUTENBERG REALTY INC | |||
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Investor Opportunity! Located in the Waterfront community of Sea Pines with direct access to the Gulf of Mexico. This home has a split plan offering 3 bedrooms and 2 bathrooms and one car garage with laundry. Upon entry, the open floor plan flows into a welcoming space for entertaining. Living room has a wood burning fireplace and the spacious Florida Room overlooks the heated inground pool and saltwater canal. At the 60' Seawall there is a 10K lb boat lift and stationary dock with electric and water. Additionally there are 2 more docks, one of which is a floating dock. Roof replaced in 2023 and seller states AC replaced in 2020. Boat does not convey, but is available for sale. Home is minutes from SunWest Park, shopping, restaurants and Hudson Beach. Sea Pines has an optional Civic Association with community boat ramp for a nominal fee. Property experienced water intrusion from Helene & bottom drywall has been removed. Being offered in AS IS condition.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017