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Map
570 NW Red Pine Way
About This Property
The spacious kitchen offers a large pantry, granite countertops and backsplash plus a snack bar. These original owners installed a water softener and under sink filtration system. Home has partial Impact glass installed in 2019. All windows are fit with accordian shutters. Residents of Jensen Beach Country Club can take advantage of the communities three heated pools, a clubhouse and tennis courts. Conveniently located near shopping, beaches, and downtown Jensen Beach. Don't miss the opportunity to see it for yourself – call today to schedule a private showing.
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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 |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| Jan 5, 2024 | Listed by Realty One Group Engage | $425,000 | |
| Listed by Realty One Group Engage | |||
| Jan 2, 2024 | No longer available | - | |
| No longer available | |||
| Nov 14, 2023 | Relisted | $420,000 | |
| Relisted | |||
| Oct 20, 2023 | No longer available | - | |
| No longer available | |||
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About Jensen Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017