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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%.
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 19, 2022 | No longer available | - | |
| No longer available | |||
| Nov 2, 2022 | Price Decreased |
$425,000
↓ $25K
(5.5%) | |
| Price Decreased | |||
| Oct 21, 2022 | Listed by RE/MAX Community | $449,900 | |
| Listed by RE/MAX Community | |||
| | |||
|
Discover Great value in the North River Shores area of Stuart! This Concrete Block Pool Home has "NO HOA". New Kitchen Cabinetry & Countertops, New Bathrooms, Newly Painted + Tile flooring throughout. 3 Bedrooms, 2 Bathrooms, an Office plus a Large One Car Garage(22'x18'). A Large covered Pool Lanai (30'x12'), Detached Shed(12'x10'), Cozy Screened front Porch PLUS a Fully Fenced Yard. **Seller has installed and fully paid for County Water & Sewer **. Great Martin County Schools & NO HOA ! Perfect for your Boat, Trailer, Truck, Van, Motorcycle or RV ++ Pet Friendly OR AIRBNB OPPORTUNITY !! All within easy distance to the St. Lucie River, Treasure Coast Mall, Historic Downtown Stuart, Dining, Shopping, Cafe's & Hutchinson Island Beaches. Sold fully AS-IS. The manager has listed the unit size as 1485 square feet.
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| Oct 12, 2022 | No longer available | - | |
| No longer available | |||
| Sep 15, 2022 | Price Decreased |
$469,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
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About North River Shores
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$7,000 /mo
- 2 Beds
- 2 Baths
- 1,125 ft²
$6,500 /mo
- 3 Beds
- 2 Baths
- 1,391 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017