This fully renovated and one-of-a-kind CBS home in Martin's
Crossing is the one you don't want to miss! The two-story, 4 bed,
3-bath lake home has all the updates you have been looking for. New
roof in 2024, complete impact windows, Tesla charger, wood-look
tile flooring on the main level and luxurious vinyl plank upstairs.
The main entry opens to an expansive living room with vaulted
ceilings and a decorated wooden staircase. The kitchen has been
fully renovated with granite countertops, soft close wood
cabinetry, built in pantry and a pot filler at the stove. The focal
wall in the family room features a decorative fireplace, plus built
in shelves and cabinets with a mantle. Indoor/outdoor living is
easy with your covered and screened patio overlooking the lake.
Relaxing weekends are ahead! HOA fee includes cable, lawn care,
plus access to community amenities such as pool, clubhouse, play
area, fitness center and tennis courts. Great location and central
to I-95 and downtown Stuart.
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.
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