2002 Coconut Drive
About This Property
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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 |
|---|---|---|---|
| Jan 4, 2024 | No longer available | - | |
| No longer available | |||
| Oct 29, 2023 | Price Decreased |
$795,000
↓ $30K
(3.6%) | |
| Price Decreased | |||
| Sep 27, 2023 | Listed by RE/MAX OF STUART | $825,000 | |
| Listed by RE/MAX OF STUART | |||
| | |||
|
Location, Location, Location!! This pool home located east of A1A has 4 bedrooms, 2 baths, and a oversized 2 car garage. Very open living space perfect for inside and outside entertaining. Ample interior living space, split plan with open galley style kitchen connecting to the family and the dining room. Huge fenced in back yard back with a beautiful, uncovered pool bringing privacy and peace. New roof, soffit, gutter system in 2020 keeping insurance premiums low. Enjoy your private beach access just feet away from the front door! Fort Pierce is growing rapidly but still has the small-town feel. The manager has listed the unit size as 1795 square feet.
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| Feb 18, 2022 | Sold | ||
| Sold | |||
| Jan 3, 2022 | Listed by Southern Castles | $675,000 | |
| Listed by Southern Castles | |||
Property Highlights
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About South Hutchinson Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017