2473 NW Everglades Boulevard
About This Property
City water and sewer have been approved and installation has begun, with NO up front cost to the home owners. There is an optional HOA which lends itself to only to tabling options that improve the overall community aesthetics and functionality, for convenience and of course individual property value increases.
This house has: metal roof (2016), full set of gutters (2019) A/C 2015, new HWH, 4 yr old appliances (w/ warranties), a HUGE back yard for entertaining and lot is elevated well above the municipal standard.
Quiet waterfront community yet close to Target, Total Wine, the Treasure Coast Mall, etc., This is south Florida living as it's absolute finest.
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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 |
|---|---|---|---|
| May 31, 2023 | Sold | ||
| Sold | |||
| Mar 7, 2023 | No longer available | - | |
| No longer available | |||
| Feb 23, 2023 | Listed by Compass Florida LLC | $615,000 | |
| Listed by Compass Florida LLC | |||
| Sep 1, 2021 | Sold | ||
| Sold | |||
| Jul 14, 2021 | Listed by Compass Florida LLC | $450,000 | |
| Listed by Compass Florida LLC | |||
Property Highlights
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About St. Lucie
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017