245 NE Macarthur Blvd #8
About This Property
The manager has listed the unit size as 1600 square feet.
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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 provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 26, 2024 | Sold | ||
| Sold | |||
| Jan 24, 2024 | Listed | $1,015,000 | |
| Listed | |||
| | |||
|
Stunningly renovated townhome in the Dunes Club. A small 18 unit enclave, with direct private beach access off of MacArthur Blvd adjacent to IRP on South Hutchinson Island. Every detail has been carefully considered in this full interior renovation. The first floor features two large Suites, including the primary with walk in closet and private coffee station. A full chef's kitchen with oversized island leads to a large living room with high vaulted ceilings on the second floor. A third bedroom with full bathroom is lofted at the top, providing excellent comfort and privacy for guests. . The beach is dog friendly, and Dunes Club allows up to 2 Pets. 30 day minimum lease allowable after 1 year of ownership.
| |||
| Jun 9, 2023 | Sold | ||
| Sold | |||
| May 13, 2023 | No longer available | - | |
| No longer available | |||
| May 10, 2023 | Relisted | $860,000 | |
| Relisted | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/02/2024
|
2 Bed
|
2 Bath
|
1310 ft²
|
$580,000
2 Bed
2 Bath
1310 ft²
|
$505,000
-12.93%
08/08/2025
|
Vanessa Xanthovla Bornstein PA
RE/MAX Select Group
| |
|
01/24/2024
|
3 Bed
|
3 Bath
|
1600 ft²
|
$1,015,000
3 Bed
3 Bath
1600 ft²
|
$940,000
-7.39%
04/26/2024
|
David M. Fleishman
Current Properties
| |
|
11/27/2023
|
2 Bed
|
2.5 Bath
|
1310 ft²
|
$650,000
2 Bed
2.5 Bath
1310 ft²
|
-
-
|
Melissa Noyes
Premier Realty Group Inc
| |
|
02/21/2023
|
3 Bed
|
3.5 Bath
|
1600 ft²
|
$885,000
3 Bed
3.5 Bath
1600 ft²
|
$820,000
-7.34%
06/09/2023
|
Mark Benedetto
Premier Realty Group
| |
|
01/01/2023
|
2 Bed
|
2 Bath
|
1310 ft²
|
$675,000
2 Bed
2 Bath
1310 ft²
|
$660,000
-2.22%
03/01/2023
|
Margaret Shinnebarger
Berkshire Hathaway Florida Realty
| |
|
02/10/2021
|
2 Bed
|
2 Bath
|
1310 ft²
|
$379,900
2 Bed
2 Bath
1310 ft²
|
$385,000
+1.34%
04/01/2021
|
Carisa Bravoco
RE/MAX of Stuart
| |
|
01/15/2021
|
2 Bed
|
2 Bath
|
1310 ft²
|
$422,900
2 Bed
2 Bath
1310 ft²
|
$400,100
-5.39%
03/12/2021
|
Jeremy Marsh
Water Pointe Realty Group
| |
|
12/17/2020
|
2 Bed
|
3 Bath
|
1310 ft²
|
$399,900
2 Bed
3 Bath
1310 ft²
|
-
-
|
Johnnie Nelson
Premier Brokers International
| |
|
10/17/2019
|
2 Bed
|
2 Bath
|
1310 ft²
|
$389,888
2 Bed
2 Bath
1310 ft²
|
-
-
|
-
| |
|
08/07/2019
|
2 Bed
|
3 Bath
|
1310 ft²
|
$385,000
2 Bed
3 Bath
1310 ft²
|
-
-
|
-
| |
|
06/17/2019
|
2 Bed
|
2 Bath
|
1310 ft²
|
$300,000
2 Bed
2 Bath
1310 ft²
|
-
03/17/2020
|
Jason Flannery
RE/MAX of Stuart
| |
|
06/03/2019
|
2 Bed
|
3 Bath
|
1310 ft²
|
$399,000
2 Bed
3 Bath
1310 ft²
|
-
-
|
-
| |
|
03/27/2019
|
2 Bed
|
2 Bath
|
1310 ft²
|
$425,000
2 Bed
2 Bath
1310 ft²
|
$400,000
-5.88%
06/11/2019
|
Jerome McWilliams
Water Pointe Realty Group
| |
|
07/07/2017
|
2 Bed
|
2 Bath
|
1310 ft²
|
$315,000
2 Bed
2 Bath
1310 ft²
|
$300,000
-4.76%
09/01/2017
|
Jerome McWilliams
Water Pointe Realty Group
| |
|
04/25/2016
|
2 Bed
|
2 Bath
|
1310 ft²
|
$309,000
2 Bed
2 Bath
1310 ft²
|
$300,000
-2.91%
08/19/2016
|
Jennifer Atkisson-Lovett
RE/MAX of Stuart
| |
|
02/18/2016
|
2 Bed
|
2 Bath
|
1310 ft²
|
$325,000
2 Bed
2 Bath
1310 ft²
|
$305,000
-6.15%
04/25/2016
|
Jeff J Clark
Coldwell Banker Realty
| |
|
04/17/2015
|
2 Bed
|
2 Bath
|
1310 ft²
|
$369,500
2 Bed
2 Bath
1310 ft²
|
$360,000
-2.57%
06/26/2015
|
Tracey Resendez
HSC Realty Inc
| |
|
04/03/2015
|
3 Bed
|
3 Bath
|
1500 ft²
|
$479,000
3 Bed
3 Bath
1500 ft²
|
$450,000
-6.05%
04/30/2015
|
Jerome McWilliams
Water Pointe Realty Group
| |
|
11/07/2014
|
2 Bed
|
2 Bath
|
1600 ft²
|
$379,000
2 Bed
2 Bath
1600 ft²
|
$345,000
-8.97%
12/08/2014
|
Jerome McWilliams
Water Pointe Realty Group
| |
|
04/21/2014
|
2 Bed
|
2 Bath
|
1310 ft²
|
$279,900
2 Bed
2 Bath
1310 ft²
|
$256,000
-8.54%
06/10/2014
|
Michael Mazur
Beach Front Mann Realty/Stuart
|
Building Info
- 1 Unit for Sale
About South Hutchinson Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017