641 SE Southwood Trail
About This Property
plus office/den with French Doors. Home has vaulted ceilings for a sense of openness and height. Wide crown molding, 6" Baseboards, 2 Sky lights. Relax in the Family room by the ambiance of a real wood fire place. Entertain Family & Friends in the MODERN kitchen with ALL GE PROFILE stainless steel appliances, HUGE white quartz island, stunning white wood high-end cabinetry. Travertine floors in both baths. Stylish Plantation Shutters. Have fun on the SOUTHERN facing, screened lanai with large POOL, just resurfaced, 2018. METAL ROOF 2016. IMPACT GLASS WINDOWS FOR PEACE OF MIND. The floors are wood-look porcelain tile planks. CLOSE TO EVERYTHING! MARKETS, SHOPS, RESTAURANTS, DOCTORS AND HOSPITALS, DOWNTOWN STUART. SHORT RIDE TO I95. (FURNITURE FOR SALE.)
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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 |
|---|---|---|---|
| Jun 10, 2022 | Sold | ||
| Sold | |||
| May 23, 2022 | Listed by Coldwell Banker Real Estate | $675,000 | |
| Listed by Coldwell Banker Real Estate | |||
| Sep 11, 2019 | Sold | ||
| Sold | |||
| Jun 7, 2019 | Listed by Coldwell Banker Real Estate | $435,000 | |
| Listed by Coldwell Banker Real Estate | |||
| Feb 2, 2017 | Sold | ||
| Sold | |||
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About Martin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017