5709 SE Normandy Avenue
About This Property
Situated in a prime location, you'll be just minutes away from beautiful beaches, restaurants, public boat ramps, public golf courses, shopping, Indian River State College, and Cleveland Clinic Martin South Hospital. Easy access to I-95 and US-1 makes commuting a breeze. Bring your toys and make this beautiful home yours today!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 9, 2024 | Sold | ||
| Sold | |||
| Jul 21, 2024 | Listed by Norris Bishop Realty Inc. | $315,000 | |
| Listed by Norris Bishop Realty Inc. | |||
| Jun 21, 2024 | Sold | ||
| Sold | |||
| May 24, 2024 | Listed by Mel-Ry Realty Group Inc. | $300,000 | |
| Listed by Mel-Ry Realty Group Inc. | |||
| | |||
|
Home in Hibiscus Park 2 bedrooms 2 bathrooms needs TLC. This home has a large backyad and is located in Stuart close to US1 and minutes to I95. Proof of funds to accompany offers. Buyer to verify room sizes. Martin County school district.
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| Mar 11, 2009 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017