2812 SE Hibiscus Street
About This Property
The 2020 A/C ensures modern comfort, while the 2015 roof offers peace of mind. Original terrazzo floors add timeless character and a touch of vintage elegance to the home's inviting interior. Step outside to a large, fenced backyard-ideal for gatherings, playtime, or simply soaking in the Florida sunshine.
Conveniently located close to Indian River State College, this property is perfect for families, students, or professionals seeking a serene retreat in the quaint and vibrant community of Stuart. This home is not just a place to live but a gateway to the simple joys and coastal charm that make Stuart such a beloved small town.
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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 |
|---|---|---|---|
| Feb 5, 2025 | Sold | ||
| Sold | |||
| Jan 5, 2025 | In contract | - | |
| In contract | |||
| Dec 31, 2024 | Price Decreased |
$285,000
↓ $15K
(5%) | |
| Price Decreased | |||
| Dec 28, 2024 | Price Decreased |
$299,900
↓ $20K
(6.3%) | |
| Price Decreased | |||
| Dec 22, 2024 | Price Decreased |
$319,900
↓ $5K
(1.6%) | |
| Price Decreased | |||
Property Highlights
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About Martin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017