7480 SE Eagle Avenue
About This Property
Mobile home in a serene, well-kept development awaiting complete renovation. Nestled in the all age, tranquil community of Ridgewood, this property offers the unique advantage of owning the land with no Homeowners Association fees. Embrace the opportunity to transform this mobile home into your dream retreat in a peaceful setting. Located East of US 1 - minutes from Hobe Sound Beach. Enjoy nature at its best, conveniently located near Seabranch Preserve State Park, Hobe Sound National Wildlife Refuge and Jupiter Island.
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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 |
|---|---|---|---|
| Sep 26, 2024 | Listed | $215,000 | |
| Listed | |||
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**YOU OWN THE LAND***3-Bedroom FEMA Trailer Home in Ridgewood** Discover this unique 3-bedroom, 2-bathroom, split plan, 2010 pre-manufactured trailer home with new electric and plumbing in Ridgewood's all-age community, pet friendly, NO HOA. Enjoy plenty of parking for your boat/rv and a modern floor plan (see attached). Washer/dryer hook up.Clubhouse/pool is optional at $375/year. minutes to the Ocean, ICW Boat Ramp, Shopping & restaurants.
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| May 6, 2024 | Sold | ||
| Sold | |||
| Mar 8, 2024 | Listed by Blue Realty Team, LLC | $100,000 | |
| Listed by Blue Realty Team, LLC | |||
| Jun 30, 1997 | Sold | ||
| Sold | |||
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About Hobe Sound
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$4,700 /mo
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Blue Realty Team, LLC
Last Updated: 7 months ago
Data Source: Beaches MLS, MLS# R10966735
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Address: 335 Madison Avenue, New York, NY 10017