3161 SE Aster Lane #1201
About This Property
Indian Pines is an all-ages community with a GREAT LOCATION: Ample shopping and restaurants... only minutes to downtown Stuart and beaches. Water and Cable are included in association fee. Amenities include Clubhouse, Tennis/Pickleball courts and Community Pool.
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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 |
|---|---|---|---|
| Nov 27, 2024 | Sold | ||
| Sold | |||
| Nov 1, 2024 | In contract | - | |
| In contract | |||
| Oct 28, 2024 | Price Decreased |
$165,000
↓ $5K
(2.9%) | |
| Price Decreased | |||
| Oct 27, 2024 | Relisted | $170,000 | |
| Relisted | |||
| Sep 20, 2024 | Listed by Laviano & Associates Real Esta | $175,000 | |
| Listed by Laviano & Associates Real Esta | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/20/2024
|
2 Bed
|
2 Bath
|
1034 ft²
|
$175,000
2 Bed
2 Bath
1034 ft²
|
$152,250
-13.00%
11/27/2024
|
Ron Jones Jr
Jones Avenue Real Estate, Inc
| |
|
08/11/2023
|
2 Bed
|
2 Bath
|
1034 ft²
|
$245,000
2 Bed
2 Bath
1034 ft²
|
$215,000
-12.24%
01/12/2024
|
Karen Velardo
Water Pointe Realty Group
|
Building Info
- 1 Unit for Sale
About Stuart
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017