2111 SE Wayne Rd #2111
About This Property
The manager has listed the unit size as 876 square feet.
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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 |
|---|---|---|---|
| Aug 14, 2022 | No longer available | - | |
| No longer available | |||
| May 26, 2022 | Listed | $200,000 | |
| Listed | |||
| Mar 13, 2020 | Sold | ||
| Sold | |||
| Feb 9, 2020 | Listed | $115,000 | |
| Listed | |||
| | |||
|
Beautifully decorated & maintained; the ONLY unit currently available for sale in Kingman Acres. Brand new wood laminate floors thoughout; carpeting in the bedrooms. Bathroom was just completely renovated including porcelein tile around the tub/shower & a brand new granite-top vanity. Very spacious living area & the kitchen has all newer appliances. Both bedrooms are very spacious. Patio was just rescreened & there is plenty of outdoor storage. Washer & dryer inside & plenty of storage throughout the unit. NEW ROOF in 2017. The furniture is negotiable.
This location is close to downtown Stuart & only 5 miles to the pristine beaches of the Treasure Coast.
HOA includes water, cable, insurance, & exterior maintenance. No age restrictions. Application & interview required.
| |||
| Jun 15, 2016 | Sold | ||
| Sold | |||
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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