$587,000
●
House -
Off Market
5200 SE Burning Tree Circle
Stuart, FL 34997
4 Beds
4 Baths
2,472 Ft²
$692,304
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model
About This Property
Beautifully updated 4 bedroom, 4 bath home in the serene community
of Mariner Sands. Home has 3 ensuite bedrooms in the main home and
a private guest house with and additional bedroom and bath. Both
the main home and guest home encircle the Inground pool surrounded
by tropical landscaping and overlooking the celebrated Mariner
Sands golf course. Home has a newer metal roof, living room, dining
room and completely remodeled baths and kitchen with granite and ss
appliances and convenient island open to the dining area. Mariner
Sands offers extensive social activities and amenities including a
clubhouse, tropical resort style pool, health and fitness center,
tennis, pickleballw, croquet, bocce ball, 24 hour manned
guard gate and golf membership is available. One time capital
contribution of $20,000 due at closing.
Unit Size
2,472 Ft²
Days on Market
186 days
Land Size
0.37 acres
Price per sqft
$242
Property Type
House
Property Taxes
$384
HOA Dues
$928
Year Built
1979
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 months ago (MCRTC #M20027384)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 16, 2021 | Sold | ||
| Sold | |||
| Jan 11, 2021 | Listed by Illustrated Properties LLC | $599,000 | |
| Listed by Illustrated Properties LLC | |||
| Nov 11, 2020 | No longer available | - | |
| No longer available | |||
| May 18, 2020 | Listed | $525,000 | |
| Listed | |||
| | |||
|
Welcome home! Come view this beautifully renovated home in prestigious Mariner Sands. The first thing you notice is the beautifully crafted wood door upon entry.The quality continues throughout from here: wood and marble flooring, new roof (2019) updated bathrooms, fresh interior and exterior paint, wide open updated kitchen with upgraded stainless appliances for the chef in you. Your guests will adore the charming Asian inspired 1 bed, 1bath cottage out back with Shoji screens and kitchenette. Gorgeous, panoramic view of the 2nd fairway of the Blue Course. The club offers two Championship courses, 9 Har-Tru tennis courts, pickleball, croquet, clubhouse with formal and casual dining and poolside dining at The Sand Bar Cafe. A one time capital contribution of $20,000 is due at closing. The manager has listed the unit size as 2472 square feet.
| |||
| Oct 17, 2019 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Martin
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Listed by: Lillian Keck, Illustrated Properties LLC
Last Updated: 2 months ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20027384
Last Updated: 2 months ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20027384
The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor® Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than RH Advisors, Inc. and RHP Realty NJ, Inc. are marked with the IDX logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.
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