46 SE Erie Terrace
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 |
|---|---|---|---|
| Jan 17, 2025 | Sold | ||
| Sold | |||
| Dec 21, 2024 | In contract | - | |
| In contract | |||
| Oct 23, 2024 | Listed by Coastal Home Real Estate | $308,000 | |
| Listed by Coastal Home Real Estate | |||
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Welcome to this well-maintained 3-bedroom, 2-bath villa (or 1/2 duplex) in Stuart, FL. With a new roof in 2018 and an A/C replacement in 2020, this home is ready for comfortable living. The attic has fresh insulation, ensuring energy efficiency, and the kitchen features new appliances, making it move-in ready. At 1,275 square feet, it offers a one-car garage and plenty of space for both relaxation and entertaining.
This property is ideal for those who want the convenience of living in Stuart without the higher price tag. One of the key highlights—there are no HOA fees, giving you more flexibility and freedom. Stuart, known as the "Sailfish Capital of the World," offers a unique blend of coastal charm, a vibrant downtown, and excellent outdoor activities, including boating, fishing, and golfing. You're also just a short drive from the beautiful beaches of the Treasure Coast, as well as shopping and dining options. The surrounding areas, like Palm City and Jensen Beach, offer additional conveniences and recreational opportunities, making this an ideal location for anyone looking to enjoy the Florida lifestyle.
Don't miss out on this opportunity to own a home in this desirable area!
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| Oct 17, 2022 | Sold | ||
| Sold | |||
| Aug 29, 2022 | Listed by Realty One Group Engage | $285,000 | |
| Listed by Realty One Group Engage | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017