$340,000
●
House -
Off Market
6908 SE Pacific Drive
Stuart, FL 34997
3 Beds
2 Baths,
1
Half Bath
2,410 Ft²
$607,876
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model
About This Property
NEW TILE ROOF TO BE INCLUDED IN PRICE!! Sought after Cypress Point
home has full lake view & is steps away from heated community
pool/cabana. An expanded brick paver patio takes advantage of
sunsets & outdoor grilling. 2400+ sq/ft living area features 12
foot ceilings, elegant over-sized master suite, redesigned master
bath, customized closets, new a/c (2017), coffered ceiling in
kitchen & large screened in porch. 3rd bedroom has built-ins
& acts as den with access to remodeled powder room. 51 lucky
homeowners enjoy scalloped cul de sacs & berms for privacy. Owners
do not lift a finger for landscape maintenance. Mariner Sands is a
top notch gated community with a required social membership. You
have earned the right to enjoy the "Good Life"! Amenities galore!
Golf on 2 championship courses available but not mandatory. $20,000
Capital contribution required at closing.
Unit Size
2,410 Ft²
Days on Market
287 days
Land Size
-
Price per sqft
$166
Property Type
House
Property Taxes
$406
HOA Dues
$1,146
Year Built
1987
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 months ago (MCRTC #M20011167)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 24, 2019 | Sold | ||
| Sold | |||
| Sep 22, 2018 | No longer available | - | |
| No longer available | |||
| Jun 11, 2018 | Listed | $400,000 | |
| Listed | |||
| | |||
|
NEW TILE ROOF TO BE INCLUDED IN PRICE!! Sought after Cypress Point home has full lake view & is steps away from heated community pool/cabana. An expanded brick paver patio takes advantage of sunsets & outdoor grilling. 2400+ sq/ft living area features 12 foot ceilings, elegant over-sized master suite, redesigned master bath, customized closets, new a/c (2017), coffered ceiling in kitchen & large screened in porch. 3rd bedroom has built-ins & acts as den with access to remodeled powder room. 51 lucky homeowners enjoy scalloped cul de sacs & berms for privacy. Owners do not lift a finger for landscape maintenance. Mariner Sands is a top notch gated community with a required social membership. You have earned the right to enjoy the "Good Life"! Amenities galore! Golf on 2 championship courses available but not mandatory. $20,000 Capital contribution required at closing. The manager has listed the unit size as 2410 square feet.
| |||
| Apr 12, 2018 | Listed by RE/MAX of Stuart | $400,000 | |
| Listed by RE/MAX of Stuart | |||
| Jul 5, 2005 | Sold | ||
| Sold | |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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ft²
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About Martin
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Listed by: Sarah Stetson, RE/MAX of Stuart
Last Updated: 2 months ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20011167
Last Updated: 2 months ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20011167
The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor® Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than RH Advisors, Inc. and RHP Realty NJ, Inc. are marked with the IDX logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.
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