36
Map
1606 NW Pine Lake Drive
About This Property
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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 |
|---|---|---|---|
| Dec 19, 2017 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $675,000 | |
| Listed | |||
| | |||
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This classic Mediterranean home has 3 poss. 4 bedrooms and 3 full baths. It's located on the desired Santa Lucia Cove off the St. Lucie River in North River Shores. With protected, deep water, it's a boater's dream! Unique architectural details, arches and niches accent the interior. Sliding doors open living areas to the expansive screened pool for great waterfront entertaining! Potential guest cottage. Separate building currently being used as a shop. The manager has listed the unit size as 3519 square feet.
| |||
| Jan 2, 2017 | Listed by RE/MAX of Stuart | $649,000 | |
| Listed by RE/MAX of Stuart | |||
| Feb 5, 1997 | 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