2008 SW Danforth Circle
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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 |
|---|---|---|---|
| Jan 30, 2025 | Sold | ||
| Sold | |||
| Dec 10, 2024 | In contract | - | |
| In contract | |||
| Sep 4, 2024 | Listed by Coldwell Banker Paradise | $624,000 | |
| Listed by Coldwell Banker Paradise | |||
| | |||
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Seller will consider a $10,000.00 credit towards buyers closing costs. Newly remodeled Danforth home with stunning lake views from nearly every room. This 3-bed, 2.5-bath home offers 2,316 sq ft of living space with a 2-car garage. The exquisite, spacious kitchen is 15'x14' featuring custom cabinets, exotic granite countertops, upgraded appliances, large island, & breakfast bar. The open floor plan flows into the family room, leading to an expansive 34x10 screened porch perfect for enjoying peaceful mornings or entertaining at sunset. LVP flooring throughout living areas. The primary suite boasts two walk-in closets & a large ensuite bath. Room for a pool. Roof (2016), A/C (2022), water heater (2024), and new appliances. Close to shopping, dining, & A-rated schools,Stuart,Turnpike
| |||
| Aug 12, 2019 | Sold | ||
| Sold | |||
| Feb 1, 2019 | Listed by Berkshire Hathaway Florida Realty | $375,000 | |
| Listed by Berkshire Hathaway Florida Realty | |||
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About Palm City
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017