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About This Property
This Plot encompasses Over One and a Half Acres with approximately 125 Feet of Water Frontage on the St. Lucie River.
Depth of the Water at Your Dock is approximately 5 Feet.
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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 |
|---|---|---|---|
| Dec 6, 2016 | Sold | ||
| Sold | |||
| Oct 24, 2016 | Listed by Premier Realty Group Inc | $1,200,000 | |
| Listed by Premier Realty Group Inc | |||
| Sep 14, 2016 | Listed by Premier Realty Group Inc | $389,000 | |
| Listed by Premier Realty Group Inc | |||
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If you've been searching for just the perfect, newer home on Sewall's Point that has all the upgrades and sizzle, but feeling frustrated that you cannot find the right fit? Why not construct your own masterpiece on this rare 3/4 acre building site in The Plantation. The Plantation of Sewall's Point is a private enclave of just 26 home-sites; the majority of which are built on. This elegant gated community has an "old time" Florida feel. Mature oaks and foliage. High elevation. Walk or take the golf cart to convenient restaurants and marina. Just minutes from the beaches!
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| Oct 16, 2012 | Sold | ||
| Sold | |||
| Aug 13, 2012 | Listed by Beach Front Mann Realty | $269,000 | |
| Listed by Beach Front Mann Realty | |||
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THE PERFECT PLACE TO BUILD YOUR DREAM HOME. THE PLANTATION SUBDIVISION IS CONSIDERED THE JEWELL OF SEWALLS POINT. SOME OF MARTIN COUNTY'S MOST ELEGANT RESIDENCES ARE TUCKED AWAY IN THE IN THIS EXCLUSIVE ENCLAVE. ALL TAXES, SIZES HOA ARE APPX.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017