1654 Thumb Point Drive
About This Property
South Hutchinson Island! Spacious traditional home in prestigious Thumb Point. Oversized corner lot(almost 1/3 acre)across the street from the Intracoastal Waterway. Close to Beaches, Indian River, Parks, and Restaurants. Large Bedrooms. Open kitchen with Cherry wood cabinets. Fireplace. Wet Bar. Top quality 30 year metal roof(10/05). Fabulous 32 x 14 screened porch overlooking the tropical back yard. New accordion storm shutters($6,000) and new $18,000 Safe Step Walk In Tub. Florida living at its best. St Lucie County has 21 miles of uncrowded and unspoiled beaches. Only a short distance to historic Downtown Fort Pierce with a beautiful City Marina,excellent restaurants, boutique shops, entertainment, one of the top farmers markets in the U.S., sunrise Theatre and more.
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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.
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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 14, 2021 | Sold | ||
| Sold | |||
| Apr 23, 2021 | Sold | ||
| Sold | |||
| Mar 24, 2021 | Listed by Coldwell Banker Paradise | $549,900 | |
| Listed by Coldwell Banker Paradise | |||
| Apr 17, 2019 | Sold | ||
| Sold | |||
| Jan 29, 2019 | Listed by Coldwell Banker Paradise | $429,000 | |
| Listed by Coldwell Banker Paradise | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017