612 NW Sunset
About This Property
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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 |
|---|---|---|---|
| Mar 31, 2025 | Sold | ||
| Sold | |||
| Feb 27, 2025 | In contract | - | |
| In contract | |||
| Jan 6, 2025 | Price Decreased |
$725,000
↓ $25K
(3.3%) | |
| Price Decreased | |||
| Nov 1, 2024 | Price Decreased |
$750,000
↓ $50K
(6.2%) | |
| Price Decreased | |||
| Oct 22, 2024 | Listed by Illustrated Properties LLC | $799,900 | |
| Listed by Illustrated Properties LLC | |||
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Located in the highly sought after North River Shores area of Stuart, FL... This charming pool home sits on a spacious 0.47-acre lot, just steps away from the river. Featuring 4 large bedrooms and 3 bathrooms, the home includes a new standing seam metal roof and a newly installed circular driveway. The generously sized backyard is beautifully landscaped and includes a well-fed irrigation system. Move-in ready, this home offers the perfect opportunity to embrace the sunny South Florida lifestyle. Major perk: The Sunset Estates private marina- boat slip lease options. In close proximity to excellent dining, shopping, golf courses, beaches, A-rated schools, and the vibrant downtown areas of Stuart and Jensen. This quiet, family-friendly community is ready to welcome you. Schedule your private showing today!
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About North River Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017