6243 SE Ames Way
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 |
|---|---|---|---|
| Dec 17, 2024 | Sold | ||
| Sold | |||
| Nov 21, 2024 | In contract | - | |
| In contract | |||
| Nov 8, 2024 | Relisted | $439,900 | |
| Relisted | |||
| Aug 15, 2024 | Listed by KW Reserve Palm Beach | $439,900 | |
| Listed by KW Reserve Palm Beach | |||
| | |||
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Nestled in the heart of the highly sought-after Hobe Sound, this expansive 3-bedroom, 2-bathroom home offers a perfect blend of comfort and elegance. Set against the serene backdrop of a golf course and tranquil lake, this residence boasts an exceptional layout with cathedral ceilings and abundant natural light. The spacious living areas are enhanced by pocket sliding glass doors, creating a seamless indoor-outdoor flow to the extra-large screened-in patio, perfect for entertaining or enjoying peaceful evenings.
| |||
| Jun 16, 2014 | Sold | ||
| Sold | |||
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About Martin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017