8122 SW Yachtsmans Drive
About This Property
The spacious kitchen is beautifully appointed with rich wood cabinetry, stainless steel appliances, and expansive counter space, offering both style and functionality.
The main suite features a coffered ceiling, sliding glass door leading to the pool area, and a large walk-in closet. The spa like main bath features dual vanities, a soaking tub, and a large walk-in shower.
Three generously sized guest bedrooms provide comfort and privacy for family or visitors, while large game/media room with sliding glass doors to the pool area offers the perfect space for recreation, hobbies, or additional entertaining.
Step outside to your private outdoor oasis featuring a covered lanai, large, screened pool and spa, and tranquil lake views, all surrounded by lush tropical landscaping. Additional highlights include a circular driveway, 3-car garage, and a whole-house automatic generator for peace of mind.
Locks Landing is a gated community with 60 private deeded ocean-access docks and boat/trailer storage, making it a dream location for boating enthusiasts. Ideally located close to shopping, dining, and major highways for easy commuting, this home offers the perfect blend of luxury, lifestyle, and location.
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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 |
|---|---|---|---|
| May 8, 2026 | Sold | ||
| Sold | |||
| Mar 23, 2026 | In contract | - | |
| In contract | |||
| Mar 8, 2026 | Listed by RE/MAX of Stuart | $800,000 | |
| Listed by RE/MAX of Stuart | |||
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About Martin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017