2111 SE Wayne Road #1111
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%.
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 |
|---|---|---|---|
| Sep 12, 2025 | Sold | ||
| Sold | |||
| Aug 8, 2025 | In contract | - | |
| In contract | |||
| May 26, 2025 | Price Decreased |
$175,000
↓ $5K
(2.8%) | |
| Price Decreased | |||
| Apr 17, 2025 | Price Decreased |
$180,000
↓ $19K
(9.6%) | |
| Price Decreased | |||
| Apr 10, 2025 | Price Decreased |
$199,000
↓ $5K
(2.5%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/27/2025
|
2 Bed
|
1 Bath
|
876 ft²
|
$217,000
2 Bed
1 Bath
876 ft²
|
$175,000
-19.35%
09/12/2025
|
Dana Kibbey
Beach Front Mann Realty
| |
|
05/26/2022
|
2 Bed
|
1 Bath
|
876 ft²
|
$200,000
2 Bed
1 Bath
876 ft²
|
-
-
|
Daniel Carmody
Olde Florida Realty, LLC
| |
|
02/09/2020
|
2 Bed
|
1 Bath
|
876 ft²
|
$115,000
2 Bed
1 Bath
876 ft²
|
$105,000
-8.70%
03/13/2020
|
Jane Miller
NextHome Treasure Coast
| |
|
04/19/2016
|
2 Bed
|
1 Bath
|
876 ft²
|
$58,950
2 Bed
1 Bath
876 ft²
|
$58,950
06/15/2016
|
James Michael Bryan PA
Douglas Elliman
|
Building Info
About Stuart
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017