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6978 SE Harbor Circle
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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 |
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| Mar 20, 2023 | Listed | $7,499,000 | |
| Listed | |||
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Magnificent move-in ready property situated on the waterfront boasts an exquisite design inspired by British Colonial style. As you enter, you are greeted by a grand foyer adorned w marble flooring that extends to the dining area. The formal living room w its impressive 24-ft ceiling is a sight to behold. Upstairs, a media/recreation room overlooks the living room, adding to the home's entertainment options. Enjoy a relaxed time in the eat-in gourmet kitchen & casual family area. The master suite is a luxurious retreat, featuring a sitting area, his-&-hers closets, & a built-in vanity. The bath is sumptuous, w a Jacuzzi & a large walk-in shower. 3 well-appointed guest suites complete the sleeping quarters. New roof & 2nd-floor balcony/patio installed 2024. The home's outdoor spaces are equally impressive, w a covered lanai that features shell stone pavers, a gas-heated pool, a spa, an outdoor kitchen, & a private deep water dock that can accommodate a large yacht.
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| Feb 23, 2021 | Sold | ||
| Sold | |||
| Jun 29, 2020 | Sold | ||
| Sold | |||
| Jun 21, 2017 | Sold | ||
| Sold | |||
| Oct 19, 2015 | Listed by Berkshire Hathaway Florida Rea | $3,685,000 | |
| Listed by Berkshire Hathaway Florida Rea | |||
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*****Sq. Footage Per Floor Plan*****
This superb harbor front residence has a British Colonial influence. Marble flooring spans the foyer and dining area, opening to the formal living room with its 24' ceiling. A second-story media/recreation room overlooks the living room. Relax in the eat-in gourmet kitchen and casual family area. The luxurious master suite features a sitting area, his-and-hers closets, and a built-in vanity. The sumptuous bath includes a Jacuzzi and a large walk-in shower. Three guest suites complete the accommodations. The home's ample outdoor spaces include a covered lanai with shell stone pavers, gas-heated pool, spa, outdoor kitchen, and private deep water dock that may accommodate a large yacht with immediate access to the Indian River and Atlantic Ocean.
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Property Highlights
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About South Hutchinson Island
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Last Updated: 2 months ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M384689
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