2449 SW Malibu Way
About This Property
*Home is 1670 Living sq ft but because of the well laid out floor plan it feels like over 1800 sq ft.
Nestled along the St Lucie Waterway is the River Forest/River Marina Clubhouse. The St Lucie Waterway will take you to Intracoastal and Ocean or Lake Okeechobee..In the very friendly community of River Forest the HOA fee of just 140 per month includes: in home basic cable, the clubhouse with free Wi-Fi, a large heated pool, Fitness center and boat ramp. There is also a large clubroom, perfect for hosting Good-sized parties. Boat/RV storage available for just 30 per month. Boat Docks with water and electric are available for purchase..
All A+ schools: Crystal Lake elementary is close by and hosts a pre-k program. The bus for Anderson Middle picks up in the community. South Fork High School is 1 of 3 public high schools in the nation with on-campus golf course & only high school in Martin County with International Baccalaureate Diploma Program. According to the annual U.S. News & World Report ranking of national high schools, South Fork High is listed among America's best high schools.. THIS BOATING COMMUNITY IS THE BEST KEPT SECRET IN MARTIN COUNTY. THIS ISN'T JUST A NICE NEWER SUBDIVISION, IT IS A COMMUNITY WITH GREAT NEIGHBORS! Just 6 minutes from I-95 makes this location ideal for commuters. 10 mins to shopping & Dining, 15 mins to Beaches. All information in listing is assumed correct and must be confirmed by buyer.
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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 20, 2024 | Sold | ||
| Sold | |||
| May 3, 2024 | Listed by Century 21 Tenace Realty | $474,000 | |
| Listed by Century 21 Tenace Realty | |||
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Conveniently located in the highly sought after, desirable community of River Forest - this Meticulously maintained 4br 2ba 2cg home features a light & bright open floor plan with volume ceilings, a great room with a sizable dining area, a large eat-in kitchen with custom built island, large master bedroom, spacious and recently upgraded master bath with dual vanities, free standing tub, and separate shower. Tray ceilings in master & 4th br (4th has French doors and has undergone a recent transformation with built in cabinets and a butcher block desk). The common areas have all recently been upgraded with new tile and all the bedrooms have LVP installed and finished with 5''baseboards.
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| Aug 1, 2016 | Sold | ||
| Sold | |||
| May 13, 2016 | Listed by Better Homes & Gdns RE Fla 1st | $244,900 | |
| Listed by Better Homes & Gdns RE Fla 1st | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017