19
Map
2345 NW Bay Colony 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 |
|---|---|---|---|
| Jun 21, 2023 | Sold | ||
| Sold | |||
| May 11, 2023 | Listed by RE/MAX of Stuart | $1,690,000 | |
| Listed by RE/MAX of Stuart | |||
| | |||
|
Great architecture meets South Florida waterfront living. This is a rare opportunity to own a custom home designed by Kelly and Kelly Architects. Over a half-acre of luxury and privacy in Bay Colony.
Grand entry, soaring ceilings, clear story windows. The WOW factor with marble gas fireplace, architectural beams and open floor plan.
Amazing ocean-access waterfront location with scenic water and nature preserve views. Resort-style pool, raised hot tub, travertine marble patio beautifully sealed for Florida outdoor living. Outdoor shower. Landscaped for complete privacy. Your private dock is ready to go with boat lift, water, power, synthetic decking. Easy access for paddle boarding, kayaking and canoeing as well. First floor master suite leads to screened patio and private pool. Beautifully updated, spa-like master bath with separate shower, soaking tub, dual sinks, vanities, walk-in closets. Second bedroom on the ground floor with spacious bath and enormous laundry room.
Three spacious bedrooms, screened balcony overlooking your incredible property and waterfront on the second floor.
Start cooking in your contemporary chef's kitchen. Granite counters, Shaker style cabinets, glass tile back splash and counter seating. Electric appliances, induction cooktop, dual convection oven. Formal and casual dining.
Your insurance provider will love you with this metal hip-roof design, concrete block construction, impact rated glass sliders plus accordion shutters, at high elevation. Dual zone, high efficiency HVAC. In-ground propane gas. Whole home water conditioning system. Central vacuum. Circular driveway, oversized two-car garage.
Easy access to the best of Stuart and Martin County. Public docks downtown, top-rated schools, outstanding restaurants. Pristine beaches, public parks, sand bar and so many cool places for boaters.
Call for private showing. Floor plan is available upon request.
| |||
| May 1, 2023 | Listed by RE/MAX of Stuart | $1,690,000 | |
| Listed by RE/MAX of Stuart | |||
| Aug 3, 2017 | Sold | ||
| Sold | |||
| Mar 1, 2017 | Listed by RE/MAX of Stuart | $749,900 | |
| Listed by RE/MAX of Stuart | |||
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About North River Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017