2929 SE Ocean #I9
About This Property
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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.
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 |
|---|---|---|---|
| Oct 31, 2022 | Sold | ||
| Sold | |||
| Jul 6, 2022 | Listed by RE/MAX of Stuart | $155,900 | |
| Listed by RE/MAX of Stuart | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/30/2026
|
2 Bed
|
2 Bath
|
992 ft²
|
$150,000
2 Bed
2 Bath
992 ft²
|
$135,000
-10.00%
09/09/2026
|
Maria Paulina Alvayay
American Residential Real Estate LLC
| |
|
12/06/2023
|
2 Bed
|
2 Bath
|
1005 ft²
|
$159,998
2 Bed
2 Bath
1005 ft²
|
$156,000
-2.50%
04/05/2024
|
Steve Dutcher
Illustrated Properties/Sewalls
| |
|
08/25/2023
|
2 Bed
|
2 Bath
|
992 ft²
|
$159,000
2 Bed
2 Bath
992 ft²
|
$145,000
-8.81%
01/22/2024
|
Steve Dutcher
Illustrated Properties/Sewalls
| |
|
01/01/2023
|
2 Bed
|
2 Bath
|
1005 ft²
|
$240,000
2 Bed
2 Bath
1005 ft²
|
$220,000
-8.33%
02/27/2023
|
Patricia Lynn Heenan
One Sotheby's Intl. Realty
| |
|
07/06/2022
|
2 Bed
|
1 Bath
|
837 ft²
|
$155,900
2 Bed
1 Bath
837 ft²
|
$155,000
-0.58%
10/31/2022
|
Carisa Bravoco
Real Estate of Florida
| |
|
11/18/2021
|
2 Bed
|
2 Bath
|
992 ft²
|
$149,900
2 Bed
2 Bath
992 ft²
|
$138,000
-7.94%
02/17/2022
|
Frank Boland
Coldwell Banker Realty
| |
|
11/01/2021
|
1 Bed
|
2 Bath
|
696 ft²
|
$128,000
1 Bed
2 Bath
696 ft²
|
-
-
|
Rachel Ann Cramer
Illustrated Properties/Hobe So
| |
|
08/13/2021
|
2 Bed
|
2 Bath
|
992 ft²
|
$159,000
2 Bed
2 Bath
992 ft²
|
$159,000
09/09/2021
|
Patrick A Stracuzzi Sr
RE/MAX Select Group
| |
|
10/28/2019
|
2 Bed
|
2 Bath
|
992 ft²
|
$149,900
2 Bed
2 Bath
992 ft²
|
$133,000
-11.27%
03/12/2020
|
Pat Stracuzzi
RE/MAX Community
| |
|
05/24/2019
|
2 Bed
|
2 Bath
|
837 ft²
|
$118,900
2 Bed
2 Bath
837 ft²
|
-
-
|
-
| |
|
05/02/2019
|
2 Bed
|
2 Bath
|
992 ft²
|
$119,900
2 Bed
2 Bath
992 ft²
|
-
-
|
-
| |
|
02/25/2019
|
2 Bed
|
2 Bath
|
-
|
$114,900
2 Bed
2 Bath
|
-
-
|
-
| |
|
04/26/2019
|
2 Bed
|
2 Bath
|
837 ft²
|
$112,900
2 Bed
2 Bath
837 ft²
|
-
-
|
-
| |
|
04/18/2019
|
1 Bed
|
1 Bath
|
619 ft²
|
$79,900
1 Bed
1 Bath
619 ft²
|
-
-
|
-
| |
|
03/16/2019
|
2 Bed
|
2 Bath
|
992 ft²
|
$125,000
2 Bed
2 Bath
992 ft²
|
-
-
|
-
| |
|
04/01/2019
|
2 Bed
|
2 Bath
|
992 ft²
|
$99,000
2 Bed
2 Bath
992 ft²
|
-
-
|
-
| |
|
03/29/2019
|
2 Bed
|
2 Bath
|
1005 ft²
|
$115,000
2 Bed
2 Bath
1005 ft²
|
-
-
|
-
| |
|
03/20/2019
|
1 Bed
|
1 Bath
|
619 ft²
|
$69,900
1 Bed
1 Bath
619 ft²
|
-
-
|
-
| |
|
02/26/2019
|
1 Bed
|
2 Bath
|
696 ft²
|
$64,000
1 Bed
2 Bath
696 ft²
|
-
-
|
-
| |
|
02/12/2019
|
2 Bed
|
2 Bath
|
992 ft²
|
$129,900
2 Bed
2 Bath
992 ft²
|
-
-
|
-
| |
|
02/05/2019
|
1 Bed
|
2 Bath
|
696 ft²
|
$57,000
1 Bed
2 Bath
696 ft²
|
-
-
|
-
| |
|
07/08/2017
| |
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
|
|
01/02/2019
|
2 Bed
|
2 Bath
|
992 ft²
|
$159,900
2 Bed
2 Bath
992 ft²
|
-
-
|
-
| |
|
12/26/2018
|
2 Bed
|
2 Bath
|
992 ft²
|
$110,000
2 Bed
2 Bath
992 ft²
|
-
-
|
-
| |
|
11/27/2018
|
2 Bed
|
2 Bath
|
1005 ft²
|
$125,000
2 Bed
2 Bath
1005 ft²
|
-
-
|
-
| |
|
10/25/2018
|
2 Bed
|
2 Bath
|
1005 ft²
|
$129,888
2 Bed
2 Bath
1005 ft²
|
-
-
|
-
| |
|
09/26/2018
|
2 Bed
|
2 Bath
|
1005 ft²
|
-
2 Bed
2 Bath
1005 ft²
|
-
-
|
-
| |
|
09/21/2018
|
1 Bed
|
2 Bath
|
696 ft²
|
-
1 Bed
2 Bath
696 ft²
|
-
-
|
-
| |
|
08/14/2018
|
2 Bed
|
2 Bath
|
837 ft²
|
$119,900
2 Bed
2 Bath
837 ft²
|
-
-
|
-
| |
|
02/01/2018
|
2 Bed
|
2 Bath
|
1005 ft²
|
$96,000
2 Bed
2 Bath
1005 ft²
|
$96,000
04/16/2018
|
Karen N Sandler
BHHS Florida Realty
| |
|
01/15/2018
|
2 Bed
|
2 Bath
|
992 ft²
|
-
2 Bed
2 Bath
992 ft²
|
-
-
|
-
| |
|
08/31/2017
|
1 Bed
|
1 Bath
|
696 ft²
|
$59,000
1 Bed
1 Bath
696 ft²
|
$55,000
-6.78%
10/24/2017
|
Susan C Prahl
Holland Real Estate & Home Advisory
| |
|
05/29/2014
|
2 Bed
|
2 Bath
|
1005 ft²
|
$57,900
2 Bed
2 Bath
1005 ft²
|
$50,000
-13.64%
07/23/2014
|
Jeene Brown
RE/MAX of Stuart
| |
|
02/08/2014
|
2 Bed
|
2 Bath
|
992 ft²
|
$57,500
2 Bed
2 Bath
992 ft²
|
$54,000
-6.09%
06/10/2014
|
Vanessa V Gumm PA
Berkshire Hathaway Florida Rea
| |
|
10/31/2013
|
2 Bed
|
2 Bath
|
837 ft²
|
$47,500
2 Bed
2 Bath
837 ft²
|
$46,000
-3.16%
11/25/2013
|
Vanessa V Gumm PA
Berkshire Hathaway Florida Rea
| |
|
07/02/2011
|
2 Bed
|
2 Bath
|
1005 ft²
|
$45,000
2 Bed
2 Bath
1005 ft²
|
$43,000
-4.44%
10/06/2011
|
Darnell Gardener
|
Building Info
About Stuart
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017