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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 |
|---|---|---|---|
| Nov 2, 2023 | Sold | ||
| Sold | |||
| Sep 14, 2023 | Listed by RE/MAX Community | $999,000 | |
| Listed by RE/MAX Community | |||
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Discover the Timeless Elegance & Craftsmanship in this Distinctive South Sewall's Point Home! The Beautifully Landscaped Grounds, Private pool area & Peaceful gardens offer the Perfect Retreat to simply Relax or Entertain Family & Friends. The Setting is ''Palm Row'', a quaint tree canopied enclave. One bedroom & full bathroom + den/office are on the 1st floor while upstairs the landing ''Bridge'' connects to the Owners' suite & 2 additional bedrooms plus a 3rd bathroom - An Ideal situation for a multigenerational living arrangement. Metal roof 2021, AC 2023, Water Heater 2017 + Washer/Dryer 2017. Close to Top rated Martin County Schools & minutes from Historic Downtown Stuart, Cafes, Waterfront dining, Boutique Shoppes, the Lyric Theater, the St. Lucie River. Boardwalk & close to Hutchins
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| Jul 31, 2019 | Sold | ||
| Sold | |||
| May 5, 2017 | Sold | ||
| Sold | |||
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About Sewall's Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017