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7264 SE Redbird Circle
About This Property
Located in Ridgeway. No HOA! Palm Harbor is a very high- quality Manufactured home.
This home has 2 x 6 construction, tray ceiling, crown molding, gutters,
extra insulation, vinyl lap siding, tinted windows, upgraded faucets & fans, & interior utility room
Spacious kitchen with island bar, 2nd prep sink, counter range, stacked wall oven & microwave, beautiful cabinets. Expansive Master suite with separate spa tub & shower. 2023 METAL ROOF. Screened patio. 18x10 workshop plus 8x10 shed. Hurricane panels & Bahama shutters on front windows. City water & sewer. Well for irrigation. Furniture possibly available. Voluntary membership to clubhouse, pool, etc. is $365 per year. Close to Beach, shopping, etc.
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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 |
|---|---|---|---|
| May 2, 2025 | Sold | ||
| Sold | |||
| Mar 7, 2025 | In contract | - | |
| In contract | |||
| Jan 9, 2025 | Listed by Keller Williams Realty Of The Treasure Coast | $299,234 | |
| Listed by Keller Williams Realty Of The Treasure Coast | |||
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3/2 Palm Harbor offering 1561 Sq ft of living area-plus patio, workshop & shed.Located in Ridgeway. No HOA! Palm Harbor is a very high- quality Manufactured home.This home has 2 x 6 construction, tray ceiling, crown molding, gutters,extra insulation, vinyl lap siding, tinted windows, upgraded faucets & fans, & interior utility room Spacious kitchen with island bar, 2nd prep sink, counter range, stacked wall oven & microwave, beautiful cabinets. Expansive Master suite with separate spa tub & shower. 2023 METAL ROOF. Screened patio. 18x10 workshop plus 8x10 shed. Hurricane panels & Bahama shutters on front windows. City water & sewer. Well for irrigation. Furniture possibly available. Voluntary membership to clubhouse, pool, etc. is $365 per year. Close to Beach, shopping, etc.
| |||
| Apr 20, 2000 | Sold | ||
| Sold | |||
| Jan 19, 1999 | Sold | ||
| Sold | |||
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About Hobe Sound
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017