3741 SE Canvas Back Place
About This Property
This home is one of a kind. It has an updated kitchen, floor, and bathrooms, plantation shutters inside, storm shutters AND impact glass windows. The back porch has also been enclosed to provide even more space.
The residents enjoy the clubhouse which has a fire place, vaulted ceilings and is even equipped with a kitchen and a great room for members to entertain their guests. There is also a gazebo, pool, wood-working hobby shop, shuffleboard, bocci and bingo!!! All of this with very low HOA fees! Active 55+ community
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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 |
|---|---|---|---|
| Jun 14, 2022 | Sold | ||
| Sold | |||
| May 9, 2022 | Listed by Keller Williams Realty Of The Treasure Coast | $429,000 | |
| Listed by Keller Williams Realty Of The Treasure Coast | |||
| Jun 28, 2016 | Sold | ||
| Sold | |||
| Apr 5, 2016 | Listed by Keller Williams Realty Of The Treasure Coast | $219,900 | |
| Listed by Keller Williams Realty Of The Treasure Coast | |||
| Apr 11, 2012 | Sold | ||
| Sold | |||
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About Martin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017