6361 SE Phillips Bend Avenue
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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 23, 2025 | Sold | ||
| Sold | |||
| Dec 3, 2025 | In contract | - | |
| In contract | |||
| Nov 1, 2025 | Listed by Illustrated Properties LLC | $550,000 | |
| Listed by Illustrated Properties LLC | |||
| | |||
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Privatе trοрical retreаt wіth NΟ ΗOA & a gorgeous рoοl. Beautifully maintained 3/2 pool home offers 1,350 square feet of comfortable living space on a spacious private 0.32-acre lot. Open-concept layout featuring tile flooring, brand new cabinets & quartz countertops. The backyard is an oasis with a 15x30 pool surrounded by lush tropical landscaping & a mature wooded county lot next door. Additional features include a 2-car attached garage and a metal roof. This home was built in 1990 and has only ever had 2 owners. Experience the perfect blend of comfort, privacy, and Florida charm in this home close to beaches, dining, banking, grocery stores and all that Stuart has to offer.
| |||
| Sep 16, 2025 | Price Decreased |
$549,000
↓ $15K
(2.7%) | |
| Price Decreased | |||
| Aug 30, 2025 | Price Decreased |
$564,000
↓ $34K
(5.7%) | |
| Price Decreased | |||
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About Martin
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$9,900 /mo
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- 1,928 ft²
$1,500 /mo
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- 1 Bath
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017