717 SE Bahama 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 |
|---|---|---|---|
| Mar 20, 2024 | Sold | ||
| Sold | |||
| Mar 1, 2024 | No longer available | - | |
| No longer available | |||
| Feb 17, 2024 | Listed by RE/MAX Select Group | $210,000 | |
| Listed by RE/MAX Select Group | |||
| Jan 19, 2024 | Listed by Patrick A. Stracuzzi | $239,900 | |
| Listed by Patrick A. Stracuzzi | |||
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Welcome to a prime investment opportunity in the heart of the charming city of Stuart! Presenting two adjacent parcels that beckon astute investors seeking lucrative returns. The parcel on the North has a 1940s carriage home ready for your touches and updates. The parcel on the right is a vacant lot ready for your future freedom chip. Nestled in the vibrant city of Stuart, these parcels offer a sought-after address with proximity to amenities, entertainment, downtown, beaches, schools, and shopping. A rare chance to acquire two parcels in one go! The flexibility allows for a range of possibilities, from developing two income-generating properties to building your own residence while earning rental income. Stuart's real estate market is flourishing, and this opportunity positions you strategically to capitalize on the city's growth. The manager has listed the unit size as 968 square feet.
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About Stuart
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017