36
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5608 SE 44th Avenue
About This Property
The kitchen is the heart of the home, featuring crisp white cabinetry, stainless steel appliances, and a generous center island that creates an ideal space for everyday living and entertaining. Wood look tile flooring flows throughout the main living areas, while the split bedroom design provides flexibility and privacy. The home also features 2025 A/C, high ceilings, wood paneling on front and back ceiling porch. A spacious, private yard creates an inviting outdoor retreat, while NO HOA offers the freedom and flexibility to enjoy the property your way.
Located just minutes to the waterfront atmosphere of Manatee Pocket, local marinas, waterfront dining, Sandsprit Park, fishing, boating, and the area's beautiful waterways. Enjoy a morning on the water, lunch overlooking the marina, an afternoon exploring local shops and galleries, or a sunset dinner along the waterfront. Only 10 minutes from Downtown Stuart and additional shopping, dining, and entertainment.
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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 |
|---|---|---|---|
| Oct 6, 2026 | Price Decreased |
$640,000
↓ $20K
(3%) | |
| Price Decreased | |||
| Jul 7, 2026 | Price Decreased |
$660,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Jun 10, 2026 | Price Decreased |
$670,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| May 19, 2026 | Listed by Illustrated Properties | $680,000 | |
| Listed by Illustrated Properties | |||
| Jun 22, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017