4040 NE Joes Point Road
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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.
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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 29, 2021 | Sold | ||
| Sold | |||
| Jul 13, 2021 | Listed by Keller Williams Realty Of The Treasure Coast | $2,450,000 | |
| Listed by Keller Williams Realty Of The Treasure Coast | |||
| Mar 8, 2020 | No longer available | - | |
| No longer available | |||
| Jan 21, 2019 | Listed | $1,839,000 | |
| Listed | |||
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Incomparable location! Come home to a secure gated community with only 49 residences situated on a private peninsula. This contemporary bi-level pool home is designed for entertaining with upper and lower level living areas, 4 bedrooms, 4 1/2 baths, and a professional Viking kitchen with gas stove, cooktop, double wall ovens, two dishwashers, and a hammered copper sink. Enjoy wide water views or fish from your own dock complete with utilities and a 16,000 LB lift. Neighborhood amenities include a gated entrance with a winding landscaped drive, tennis, R/V and boat storage, community dock and private beach with gated access. Joe's Point affords waterfront living in a private setting yet is just minutes from historic downtown Stuart and all the area has to offer. The manager has listed the unit size as 4119 square feet.
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| Dec 11, 2018 | Listed | $1,839,000 | |
| Listed | |||
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Waterfront living at its finest! Discover Joe's Point, a secure gated community on Hutchinson Island with only 49 residences situated on a private peninsula. This contemporary bi-level pool home is offers a backyard dock and private beach for under $450/SqFt. This bi-level residence is designed for entertaining with upper and lower level living areas, 4 bedrooms, 4 1/2 baths, and a professional Viking kitchen with gas stove, cooktop, double wall ovens, two dishwashers, and a hammered copper sink. Enjoy wide water views or fish from your own dock complete with utilities and a 16,000 LB lift) that accommodates a 32' boat. Neighborhood amenities include a gated entrance with a winding landscaped drive, tennis, R/V and boat storage, community dock and private beach with gated access. The manager has listed the unit size as 4400 square feet.
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About South Hutchinson Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017