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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 |
|---|---|---|---|
| Mar 8, 2021 | Sold | ||
| Sold | |||
| Jan 5, 2021 | Listed by Water Pointe Realty Group | $875,000 | |
| Listed by Water Pointe Realty Group | |||
| Apr 16, 2020 | No longer available | - | |
| No longer available | |||
| Mar 25, 2020 | Price Decreased |
$844,000
↓ $30K
(3.4%) | |
| Price Decreased | |||
| Jan 31, 2020 | Listed | $874,000 | |
| Listed | |||
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Imagine colorful sunsets greeting you when get home in the evening! That is exactly what you’ll get from this wide riverfront home nestled in a quiet gated community with tennis courts and a community pool, only minutes to shopping, restaurants and the beaches. This immaculate, Key West-style home with metal roof, electric storm shutters, wide water views and a 16’x40’ dock slip in the community marina, offers the perfect, carefree waterfront lifestyle. Interior details include Saturnia marble floors throughout the home including a custom stairway, wet bar w/ brass sink, upgraded custom cabinetry & built-ins, walk-in pantry, coffered ceilings, high-end finishes, gorgeous moldings, two master suites and stunning views of the beautiful St. Lucie River. Garage has a Garage-Tek wall storage system and PremierOne hybrid polymer floor protective coating. Too many special features to list here. If you are ready to buy and appreciate luxury finishes and river views, this home is a must see! The manager has listed the unit size as 2967 square feet.
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About North River Shores
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Last Updated: 2 months ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20027186
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Address: 335 Madison Avenue, New York, NY 10017