261 SE Villas Street
About This Property
Upon entry, you're greeted by a spacious living room and dining area, perfect for hosting gatherings. The main BR located downstairs, provides a peaceful retreat with ample space. Upstairs, spacious secondary bedrooms offer comfort and privacy for family members or guests. Step outside to the fenced-in yard, where a screened patio overlooks an in-ground pool, creating an inviting outdoor oasis. With its unique design and ample potential, this home presents an exciting opportunity to bring your vision to life and create the perfect haven for you and your loved ones. Upgrades include: IMPACT GLASS WINDOWS, ROOF 2017, AIR CONDITIONER 2023. Perfect location close to Downtown Stuart, beaches, shopping, dining and more! No HOA, pet restrictions or deed restrictions! Boats, trucks, commercial vehicles and RV's welcome!
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Cap Rate Calculator
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 1, 2024 | Sold | ||
| Sold | |||
| Mar 8, 2024 | Listed by RE/MAX of Stuart - Palm City | $565,000 | |
| Listed by RE/MAX of Stuart - Palm City | |||
| Aug 5, 2019 | Sold | ||
| Sold | |||
| May 27, 2019 | No longer available | - | |
| No longer available | |||
| Apr 29, 2019 | Price Decreased |
$349,900
↓ $50K
(12.5%) | |
| Price Decreased | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Stuart
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017