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611 NW Sunset Drive
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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%.
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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 17, 2017 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $1,070,000 | |
| Listed | |||
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One of the best riverfront views in Stuart - look down the North Fork of the St. Lucie River and watch incredible sunsets in the Western sky. Located in North River Shores at the end of a quiet dead end street this beautiful Florida home is well maintained and move in ready. This three bedroom, two bath home features a dock, spectacular views & an unbelievably deep lot with sweet mango's and specimen palm trees. The upgraded kitchen has granite counters with custom tile back splash & stainless steel appliances. A gorgeous wood burning stone fireplace creates the warm atmosphere central to the home. Enjoy tile and hardwood floors throughout. Sunrises and sunsets can be enjoyed while relaxing in your heated 15x30 pool complete with spa...or take your boat out on the river from your private dock equipped with a 12,000 lb boat lift. If you are looking to expand this home - a set of plans is available for a 4289 square foot home. A must see home in a great neighborhood. The manager has listed the unit size as 2042 square feet.
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| Feb 7, 2017 | Listed by Engel & Volkers Stuart | $998,900 | |
| Listed by Engel & Volkers Stuart | |||
| Mar 3, 2008 | Sold | ||
| Sold | |||
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About North River Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017