30
Map
$240,000
●
House -
Off Market
6051 SE Medinah Lane
Stuart, FL 34997
3 Beds
3 Baths
2,929 Ft²
$465,453
RealtyHop Estimate
57.78%
Since Feb 1, 2018
National-US
Primary Model
About This Property
Tucked away on a quiet cul de sac, this gracious home has many
custom features. Gallery foyer leads to great room with cathedral
ceilings & fireplace. Courtyards and screened pool lend charm to
this well designed home. Almost 3,000 square feet of living area
per tax rolls with an panoramic golf view lot, this home
is perfect for entertaining "Florida Style".
Gleaming terra cotta floors flow through out living area, French
doors, built ins, molding and ample closets are but a few of the
surprises. Cedar shake roof is newer. Owners have inspection report
to share upon contract. Added "bonus" is an air conditioned room
off garage, perfect for crafts or finishing for private office.
Window provides light and view of golf course.
Unit Size
2,929 Ft²
Days on Market
210 days
Land Size
-
Price per sqft
$101
Property Type
House
Property Taxes
$276
HOA Dues
$787
Year Built
1983
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Cap Rate
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: 15 days ago (MCRTC #M20006068)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 23, 2019 | Sold | ||
| Sold | |||
| Oct 10, 2018 | Listed by RE/MAX of Stuart | $548,900 | |
| Listed by RE/MAX of Stuart | |||
| Jan 25, 2018 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $300,000 | |
| Listed | |||
| | |||
|
Tucked away on a quiet cul de sac, this gracious home could easily become a showplace. Gallery foyer leads to great room with cathedral ceilings & fireplace. Courtyards and screened pool lend charm to this well laid out home. Almost 3,000 square feet of living area per tax rolls with an oversized golf view lot, this property is perfect for someone who wants to improve the existing structure. Cedar shake roof is newer. Owners have inspection report to share. The price reflects work needed to be done to turn this into a "dream home". Added "bonus" is an air conditioned room off garage, perfect for crafts or finishing for private office. Window provides light and view of golf course. The manager has listed the unit size as 2929 square feet.
| |||
| Jun 28, 2017 | Listed by RE/MAX of Stuart | $295,000 | |
| Listed by RE/MAX of Stuart | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Port Salerno
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Listed by: Sarah Stetson, RE/MAX of Stuart
Last Updated: 15 days ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20006068
Last Updated: 15 days ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20006068
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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