5124 SE Graham Drive
About This Property
All major updates are complete, with a new roof in 2017, a new A/C unit in 2021, and a hot water heater added in 2022, featuring a recirculation pump for instant hot water. The fenced backyard, backing up to a serene nature preserve, is perfect for outdoor gatherings.
Martins Crossing is located in a prime central location with low HOA fees that cover cable internet and lawn service. Community amenities include two pools, a fitness center, and tennis courts. Located just minutes from I-95 and a quick drive to downtown Stuart, this home truly has it all!
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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 6, 2025 | Sold | ||
| Sold | |||
| Dec 3, 2024 | In contract | - | |
| In contract | |||
| Nov 7, 2024 | Listed by Realty One Group Engage | $600,000 | |
| Listed by Realty One Group Engage | |||
| | |||
| Oct 25, 2024 | Listed by Realty One Group Engage | $625,000 | |
| Listed by Realty One Group Engage | |||
| Oct 6, 2023 | Sold | ||
| Sold | |||
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About Martin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017