1209 SE Sea Oat Lane
About This Property
Most furnishings included with purchase. Beyond the relaxed, low-key lifestyle, the next owner will also benefit from an excellent investment that delivers instant value, as this affordable home is priced to sell BELOW the February 2018 appraisal! Great investment property, too.
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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 |
|---|---|---|---|
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| Jun 4, 2018 | Sold | ||
| Sold | |||
| May 15, 2018 | Listed | $205,000 | |
| Listed | |||
| | |||
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Quaint old Florida-style home sits at the dead-end of the Sea Oat Lane enclave in Stuart. Spacious back yard with pool and sun-deck offers a relaxed, private escape with vintage Florida character. Quiet setting on large property that is walking distance from downtown Stuart and less than ten minutes from our fabulous beaches! Plenty of storage and room for boat, campers, motorcycles & fun grown-up toys! Most furnishings included with purchase. Beyond the relaxed, low-key lifestyle, the next owner will also benefit from an excellent investment that delivers instant value, as this affordable home is priced to sell BELOW the February 2018 appraisal! Great investment property, too. The manager has listed the unit size as 928 square feet.
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| Apr 14, 2018 | Listed by Illustrated Properties LLC / Sewalls Point | $205,000 | |
| Listed by Illustrated Properties LLC / Sewalls Point | |||
| Jul 19, 2002 | Sold | ||
| Sold | |||
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About Stuart
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017