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4742 SE Starling Way
About This Property
Designed for durability and efficiency, this brand new property comes equipped with impact-rated PGT windows and doors, a standing seam metal roof, and spray foam insulation for superior energy savings. Offering top of the line finishes throughout with upgraded wood plank tile, an open-concept living space, and a chef's kitchen with custom cabinetry, countertops, and premium finishes.
Enjoy Martin County's pristine beaches, boating, fishing, and A-rated schools in this perfect blend of coastal charm and convenient luxury! Don't miss this incredible opportunityschedule your private showing today!
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Cap Rate Calculator
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 27, 2025 | Sold | ||
| Sold | |||
| Jun 6, 2025 | In contract | - | |
| In contract | |||
| Jun 2, 2025 | Price Decreased |
$850,000
↓ $25K
(2.9%) | |
| Price Decreased | |||
| Apr 26, 2025 | Price Decreased |
$875,000
↓ $24K
(2.7%) | |
| Price Decreased | |||
| Mar 5, 2025 | Listed by Coastal Real Estate Professionals LLC | $899,000 | |
| Listed by Coastal Real Estate Professionals LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017