8388 SW Masthead Drive
About This Property
Soaring vaulted ceilings, an open floor plan, and abundant natural light create a bright, airy feel throughout. The spacious kitchen is both functional and inviting, featuring rich wood cabinetry, granite countertops, a double pantry, and seamless flow into the expansive great room perfect for entertaining or relaxed everyday living.
The flexible fourth bedroom easily serves as a home office or den. The extended primary suite is a true retreat with vaulted ceilings, a generous walk-in closet, and a spa-inspired bath complete with a soaking tub and walk-in shower. Bedroom three offers the convenience of an ensuite cabana bath, while bedroom 2 is impressively sized with excellent storage. 2024 High efficiency A/C with UV light for improved comfort, air quality and energy efficiency.
An extended garage provides exceptional storage space for bikes, tools, or weekend gear, while accordion hurricane shutters add ease and confidence during storm season.
Step outside to a covered, screened lanai overlooking a pie-shaped lot with exceptional privacy and tranquil preserve viewsan ideal setting for morning coffee or evening unwinding.
Located in Locks Landing, a sought-after gated marina community featuring 60 private ocean-access deeded docks, a boat ramp, and boat/trailer storage. All just minutes from shopping, dining, schools, and major highways for easy commuting.
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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 |
|---|---|---|---|
| Apr 9, 2026 | Sold | ||
| Sold | |||
| Mar 19, 2026 | In contract | - | |
| In contract | |||
| Mar 1, 2026 | Price Decreased |
$600,000
↓ $30K
(4.8%) | |
| Price Decreased | |||
| Feb 1, 2026 | Listed by RE/MAX of Stuart | $630,000 | |
| Listed by RE/MAX of Stuart | |||
| Jul 29, 2017 | Listed | $397,500 | |
| Listed | |||
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Discover this light-filled 3 bedroom, plus den/bed 3 bath home nestled on a prime cul-de-sac lot within Locks Landing, a highly desirable boating community located in the "A" rated School District of Marin County. Upon entering the foyer, you are greeted with soaring ceilings and spectacular trimwork. Kitchen features granite countertops, tiled backsplash and custom cabinetry. Desirable split floor plan with an open kitchen/family room layout. Covered lanai with extended screened patio offers tranquil nature preserve views and is accessible from the spacious master suite, family room and second bedroom with en suite bath (possible mother-in-law suite). Locks Landing has a community boat ramp and boat slips are available for individual purchase. Also the community has voted for gates to be added to front entrance. They are currently in the permitting and bidding process. This is a must-see home!!! The manager has listed the unit size as 2075 square feet.
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About Martin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017