4898 SE Askew Avenue
About This Property
Surrounded by the picturesque Martins Crossing community, treat yourself to an array of resort-style amenities, including a clubhouse, pool, fitness center, and playground, offering limitless possibilities for relaxation and recreation. This property provides access to excellent schools, and a central location convenient to the historic downtown Stuart shopping and dining in addition to minutes to 95 for an easy commute. This is an incredible opportunity to experience the Florida lifestyle at its finest. Whether you're a first-time homebuyer or looking to upgrade, this property checks all the boxes.
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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.
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About Martin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017