98 Cayman Cove
About This Property
All three bedrooms feature private ensuite baths, providing exceptional comfort and privacy for owners and guests alike. New luxury LVP flooring has been added throughout all three bedrooms, along with new carpet on the stairs, further enhancing the home's fresh, updated coastal feel.
The spacious primary suite offers a cozy sitting nook overlooking the lush, beautifully maintained surroundings, along with a spa-inspired bath featuring a double soaking tub and generous walk-in shower--the perfect retreat at the end of the day.
Situated on a large corner lot surrounded by mature trees and manicured landscaping, the property offers an inviting sense of privacy and space. A particularly rare feature on Cayman Cove, this is one of the few homes on the street offering a full two-car garage. Complete with built-in storage, it provides exceptional space for vehicles, beach gear, bikes, a golf cart, and more. Combined with its location, versatile floor plan, and proximity to the beach, the home is well suited as a primary residence, second home, or investment property. Meticulously maintained and truly one of a kind, this home embodies beachside luxury at its finest.
Come see it for yourself - your coastal dream home awaits!
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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 |
|---|---|---|---|
| Sep 18, 2026 | Price Decreased |
$1,059,000
↓ $60K
(5.4%) | |
| Price Decreased | |||
| Jul 10, 2026 | Price Decreased |
$1,119,000
↓ $30K
(2.6%) | |
| Price Decreased | |||
| Apr 29, 2026 | Price Decreased |
$1,149,000
↓ $26K
(2.2%) | |
| Price Decreased | |||
| Feb 5, 2026 | Listed by Better Homes and Gardens Real Estate Emerald Coast | $1,175,000 | |
| Listed by Better Homes and Gardens Real Estate Emerald Coast | |||
| Nov 20, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017