338 SW Winnachee Drive
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 |
|---|---|---|---|
| Jul 30, 2025 | Price Decreased |
$464,900
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Apr 18, 2025 | Listed | $474,900 | |
| Listed | |||
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Stuart Sanctuary: Prime Location, Unrivaled Freedom - Under $500K
Discover exceptional value in this ideally situated Stuart residence, mere moments from Historic Downtown and Martin County's coveted beaches and attractions. Enjoy the rare benefit of NO HOA in this beautifully appointed home with two versatile bonus rooms perfect for offices or guest space. Features include impact windows and doors, updated kitchen with stainless steel and quartz, and stylishly renovated bathrooms.
Embrace the relaxed coastal lifestyle with effortless access to vibrant culture, dining, and pristine shores.
Seize this unique opportunity. Schedule your private showing today!
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| Apr 26, 2024 | Sold | ||
| Sold | |||
| Mar 19, 2024 | Listed by Real Estate of Florida | $499,000 | |
| Listed by Real Estate of Florida | |||
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Welcome to your dream Florida getaway! This adorable Florida cottage home is nestled in the absolute ideal location, just minutes away from the historic downtown Stuart area and a short drive to the stunning Stuart beaches. What sets this home apart is that it's not part of an HOA community, making it a rare gem in Martin County for under $500,000! Step inside this gorgeous two-bedroom, two-bathroom home with TWO additional rooms currently serving as in-home offices but can easily be used as additional bedrooms or dens, making it perfect for any lifestyle. Featuring a 2006 metal roof, a 2023 flat roof, and all impact doors and windows, this home combines safety and style seamlessly. The updated kitchen boasts stainless steel appliances, quartz countertops, and a beautiful backsplash, perfect for creating delicious meals while enjoying the Florida sunshine. Outside, your own private oasis awaits with a fully fenced-in yard with a charming gazebo that beckons you to host memorable gatherings or simply unwind with a glass of sweet tea under the swaying palms. This space isn't just a backyard; it's a canvas for your Florida dreams to come alive. And let's not forget the potential! This home is not just a cozy retreat but also an incredible Airbnb opportunity, allowing you to share the magic of Florida living with guests from around the world offering endless possibilities for savvy investors. Located close to highways, shops, dining, beaches, desirable schools, and more, this home truly embodies the Florida lifestyle you've been dreaming of. Don't miss out on this one. Schedule your viewing today and make this charming home your slice of Sunshine State heaven!
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| Feb 1, 2022 | Sold | ||
| Sold | |||
Property Highlights
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About Stuart
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017