33
Map
27 Simara Street
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%.
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 |
|---|---|---|---|
| Apr 22, 2024 | No longer available | - | |
| No longer available | |||
| Apr 6, 2024 | Price Decreased |
$2,275,000
↓ $24K
(1%) | |
| Price Decreased | |||
| Mar 28, 2024 | Price Decreased |
$2,299,000
↓ $50K
(2.1%) | |
| Price Decreased | |||
| Mar 8, 2024 | Listed by Keller Williams Realty Treasure Coast | $2,349,000 | |
| Listed by Keller Williams Realty Treasure Coast | |||
| | |||
|
Exceptional Waterfront Island Living!! This Ultra Private residence is surrounded by lush native landscaping and is one of only 37 Island Homes in the Prestigious Archipelago Island Chain of South Sewalls Point. An Unmatched Coastal Living Experience greets you the moment you step foot into this exclusive property. This charming Old Florida Retreat offers a main home with 3 bedrooms, 2 bathrooms complemented by two level guest quarters that feature a full living room, bedroom, and bathroom offering a comfortable & private space for visiting guests or a home office second to none! This rare gem presents a unique opportunity to own a piece of Paradise! Don't miss your chance to experience the perfect blend of natural beauty and tropical splendor all within a few short minutes to Downtown Stuart, the Beach, the inlet and the open ocean. Schedule your private showing today and immerse yourself in the allure of this remarkable coastal oasis. The manager has listed the unit size as 3051 square feet.
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| Mar 1, 2024 | No longer available | - | |
| No longer available | |||
Property Highlights
Building Info
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Price/ft²
Listed On
Sold On
About Sewall's Point
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,100 /mo
- 2 Beds
- 2 Baths
- 1,400 ft²
$5,500 /mo
- 2 Beds
- 2 Baths
- 970 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017