5588 SE Avalon Drive
About This Property
Come renovate your new home or investment any way you like! This property is a blank canvas with great bones.
Desirable features include: Vault ceilings, ceramic wood plank tile in bedrooms, Huge master walk-in closet, large living room, spacious kitchen, back addition can be used as as a sunroom, den, dining room,zen space, laundry room, office, bar etc!
New Items installed: AC - 6 months old, Hot water heater - 1 month old, Ceramic tile in bedrooms, Drywall in kitchen.
Items purchased, not installed: Bathroom vanities and faucets, Tile for sunroom, Tile and toilet for master bathroom ,All electrical switches & outlets, White paint, granite (pictured last) Cash buyers only. Property is sold AS IS with the right to inspect. All measurements are approximate and are to be confirmed by the buyer
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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 |
|---|---|---|---|
| Sep 26, 2025 | Sold | ||
| Sold | |||
| Sep 3, 2025 | In contract | - | |
| In contract | |||
| Aug 12, 2025 | Listed by Lang Realty/Jupiter | $399,000 | |
| Listed by Lang Realty/Jupiter | |||
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Welcome to your dream home in Stuart, Florida! This charming 2-BR, 2-BA/1 car garage residence is a turn-key estate looking to create lasting memories. The home features a thoughtfully designed layout, with a beautifully updated kitchen and bathroom space that showcase modern aesthetics and functionality. You'll appreciate the brand-new appliances that make cooking a delight, as well as new fixtures, fresh paint, new floors, new cabinets, new quartz countertops, and NO HOA! You are immediately greeted with cathedral ceilings and vaulted ceilings. The interior is enhanced by new ceiling fans and light fixtures, adding a fresh and inviting ambiance throughout. Step outside to discover a lovely fenced backyard, ideal for outdoor activities, gardening, or simply enjoying the Florida sunshine. Discover the charm of downtown Stuart, Florida- Known as the 'Sailfish Capital of the World,' this area offers a vibrant, historic downtown with unique lifestyle enhancements.
Enjoy the shopping, endless water activities, boutiques, waterfront dining, and lively community events. Enjoy picturesque views along the St. Lucie River, and a welcoming, laid-back atmosphere. Perfect for anyone looking for a blend of relaxation and adventure!
Don't miss the opportunity to make this delightful home your own.
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| May 12, 2022 | Sold | ||
| Sold | |||
| Mar 26, 2022 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017