6201 S Us Highway 1
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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.
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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 |
|---|---|---|---|
| Feb 9, 2023 | No longer available | - | |
| No longer available | |||
| Feb 3, 2023 | Sold | ||
| Sold | |||
| Oct 21, 2020 | In contract | - | |
| In contract | |||
| Jun 12, 2020 | Price Decreased |
$1,815,000
↓ $35K
(1.9%) | |
| Price Decreased | |||
| Apr 9, 2020 | Listed by Coldwell Banker Schmidt Family Of Companies | $1,850,000 | |
| Listed by Coldwell Banker Schmidt Family Of Companies | |||
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One of the largest undeveloped parcels available on South US #1 in St. Lucie County. Great location on the North side of Port St. Lucie. 570 feet on US #1. 1280 feet depth. Excellent potential to rezone to high density multifamily(PUD or PMUD) with Land Use change to RM. County would consider rezone West 80% of property(13.4 acres) to high densiy - 15 units per acre(200 units) and front 3.3 acres to remain in commercial with connectivity between the multifamily and commercial. Presently leased to a Golf Driving Range on a month to month ($2,000/moth). This site is 95% cleared. Billboard - $7,000 /year. Water and sewer available(Presently on East side of US#1 - see attached water/sewer map). Owner financing possible. Do not disturb tenant. Listing agent must accompany all showings
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Property Highlights
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Price/ft²
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About St. Lucie
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017