609 SW Overlook Drive
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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 30, 2024 | Sold | ||
| Sold | |||
| Mar 12, 2024 | Listed by Waterfront Properties Inc | $3,375,000 | |
| Listed by Waterfront Properties Inc | |||
| Apr 21, 2021 | Sold | ||
| Sold | |||
| Jan 27, 2021 | Listed by Welcome Home Realty International | $1,199,000 | |
| Listed by Welcome Home Realty International | |||
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Boater's paradise in the heart of old Stuart! This amazing waterfront property is over an acre in area with 230’ of waterfrontage with great protected dockage for multiple boats. The property is fully irrigated and landscaped with mature trees, extensive stone work and lighting that gives the property a resort like feeling. The home pad rests high above the waterline with a southern orientation which is ideal for the pool enthusiast and allows for some amazing sunset views across the St Lucie River. The dock has ample power and water with a 20,000 lift & a 24,000lb lift & a wet slip to accommodate a sport fish or mother ship. This is an amazing piece that is ready for you to build your dream home (or homes). Also can be subdivided variance free. East portion available for $615,000 or West portion available for $685,000. For further information, please contact the listing agent.
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| Jan 13, 2021 | No longer available | - | |
| No longer available | |||
Property Highlights
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About Stuart
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$7,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017