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1543 NW Spruce Ridge Drive
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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%.
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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 |
|---|---|---|---|
| Nov 6, 2026 | Listed by EXP Realty LLC | $725,000 | |
| Listed by EXP Realty LLC | |||
| Oct 21, 2022 | Sold | ||
| Sold | |||
| Sep 5, 2022 | Listed by Water Pointe Realty Group | $515,000 | |
| Listed by Water Pointe Realty Group | |||
| | |||
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North River Shores 4 bedroom, 2 bathroom, oversized 2 car garage, concrete block pool home on just under 1/2 acres. This home is not in the homeowners association, but buyer may join at any time. New AC in 2018. This home, built in 1977 has mostly original decor and layout. There is evidence of water damage on the ceiling in the family room and on patio from a past leak. Home being sold as is and priced accordingly. North River Shores is a family friendly boating community with access to the North Fork of the St Lucie River, Atlantic Ocean, Lake Okeechobee, and Gulf Coast of Florida via our private waterways. Community amenities include four water front neighborhood parks, a duck pond, and a private boat ramp.
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| Aug 24, 2022 | Listed by EXP Realty LLC | $515,000 | |
| Listed by EXP Realty LLC | |||
| Feb 12, 1993 | Sold | ||
| Sold | |||
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About North River Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017