51
Map
$827,000
●
House -
Off Market
40 N River Road
Stuart, FL 34996
4 Beds
3 Baths
2,757 Ft²
$841,717
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
Welcome to your perfect Florida Retreat! Remodeled 4 Bedroom, 3
bathroom, Pool Home in Prestigious Sewalls Point! Located on a
fantastic 1/3 ACRE corner lot on River Road, high elevation, no
flood insurance needed, and with multi-million dollar homes across
the street! Kitchens and Bathrooms Remodeled in 2021! New Hurricane
Impact Doors and Windows throughout! Spacious main living area
includes family room with masonry wood burning fireplace, formal
dining room, and eat-in modern kitchen with large island and
walk-in pantry! Travertine marble flooring, new standing seam metal
roof, great closet space, extended covered patio and screened in
pool, fantastic exterior living space! Rear of home backs to
large wooded parcel which is undeveloped and very private &
peaceful! Roof 2021, AC 2020, Connected to City Sewer 2022.
Sewalls Point is Stuart's Intracoastal Island with fantastic
boating, beaches, great restaurants, boutique shopping, and A rated
schools all at your fingertips!
Unit Size
2,757 Ft²
Days on Market
128 days
Land Size
0.41 acres
Price per sqft
$307
Property Type
House
Property Taxes
$803
HOA Dues
-
Year Built
1981
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 19 days ago (MCRTC #M20039430)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 27, 2023 | Sold | ||
| Sold | |||
| Jul 15, 2023 | Listed by RE/MAX Select Group | $847,000 | |
| Listed by RE/MAX Select Group | |||
| | |||
|
Welcome to your perfect Florida Retreat! Remodeled 4 Bedroom, 3 bathroom, Pool Home in Prestigious Sewalls Point! Located on a fantastic 1/3 ACRE corner lot on River Road, high elevation, no flood insurance needed, and with multi-million dollar homes across the street! Kitchens and Bathrooms Remodeled in 2021! New Hurricane Impact Doors and Windows throughout! Spacious main living area includes family room with masonry wood burning fireplace, formal dining room, and eat-in modern kitchen with large island and walk-in pantry! Travertine marble flooring, new standing seam metal roof, great closet space, extended covered patio and screened in pool, fantastic exterior living space! Rear of home backs to large wooded parcel which is undeveloped and very private & peaceful! Roof 2021, AC 2020, Connected to City Sewer 2022. Sewalls Point is Stuart's Intracoastal Island with fantastic boating, beaches, great restaurants, boutique shopping, and A rated schools all at your fingertips!
| |||
| May 17, 2023 | Listed by RE/MAX Community | $847,000 | |
| Listed by RE/MAX Community | |||
| Mar 3, 2021 | Sold | ||
| Sold | |||
| Dec 15, 2020 | Listed by RE/MAX Community | $639,000 | |
| Listed by RE/MAX Community | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Sewall's Point
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Listed by: Patrick Stracuzzi, Sr, RE/MAX Community
Last Updated: 19 days ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20039430
Last Updated: 19 days ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20039430
The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor® Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than RH Advisors, Inc. and RHP Realty NJ, Inc. are marked with the IDX logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.
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