4893 SE Devenwood Way
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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 |
|---|---|---|---|
| Apr 23, 2025 | Sold | ||
| Sold | |||
| Mar 2, 2025 | In contract | - | |
| In contract | |||
| Jan 22, 2025 | Relisted | $549,000 | |
| Relisted | |||
| Nov 20, 2024 | No longer available | - | |
| No longer available | |||
| Sep 27, 2024 | Listed by Ubiquity | $549,000 | |
| Listed by Ubiquity | |||
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POSSIBLE ASSUMABLE 3.5% MORTGAGE! This beautifully updated 4-bedroom, 2.5-bathroom Sandpiper model is a rare opportunity in the gated Mariner Village community. Situated on the preserve, this CBS two-story home offers a first-floor master suite, a new roof (2023), a new AC unit (2020), and fresh interior paint and flooring (2022). The spacious layout includes a 2-car garage and an abundance of natural light throughout. Mariner Village is known for its low HOA fees and fantastic amenities, including a heated pool, well-maintained tennis and basketball courts, and a scenic nature trail. Located on a quiet dead-end street, this home is just minutes from beautiful beaches, shopping, and highly rated schools in the southern Stuart area, near Hobe Sound.
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About Martin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017