11
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1103 NW Pine Lake Drive
About This Property
lots this large in this neighborhood. Home is a "tear down" and property is priced at land value. Home is owner occupied, Showing by appointment for property only. Selling "AS-IS" New survey recently completed. Approximate lot size is 100x388. City water and sewer. Property is not in the HOA!. NRS offers RV and boat parking, community boat ramp, parks, dog friendly. public golf course and A rated schools. Minutes to shopping, beaches and downtown Stuart.
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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 |
|---|---|---|---|
| Jun 26, 2026 | Sold | ||
| Sold | |||
| Feb 28, 2026 | In contract | - | |
| In contract | |||
| Feb 26, 2026 | Relisted | $595,000 | |
| Relisted | |||
| Feb 25, 2026 | Price Decreased |
$595,000
↓ $30K
(4.8%) | |
| Price Decreased | |||
| Feb 20, 2026 | In contract | - | |
| In contract | |||
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About North River Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017