751 SW Balmoral Trace
About This Property
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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 |
|---|---|---|---|
| Jan 6, 2025 | Sold | ||
| Sold | |||
| Nov 13, 2024 | In contract | - | |
| In contract | |||
| Oct 19, 2024 | Price Increased |
$460,000
↑ $30K
(7%) | |
| Price Increased | |||
| Sep 27, 2024 | Listed | $430,000 | |
| Listed | |||
| | |||
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NEW METAL ROOF will be installed shortly. Owner has contracted, along with his neighbor at 763 to intall a metal roof on their homes. This two-bedroom, two-bath DiVosta Capri model home is perfect for those who value comfort, style, and convenience. With newer A/C and SS appliances, remodeled bathrooms, white wood cabinetry, and marble countertops. Relax or entertain on the extended screened lanai with vinyl plank flooring, and enjoy a relaxing soak in your heated spa as you indulge in the private and peaceful views of your lovely yard and garden. Enjoy access to a heated pool, tennis and pickleball courts, and an 18-hole golf course and clubhouse. Easy access to beaches, and downtown Stuart. All Lawn Care, Cable TV, and High Speed Internet are included in the low $327 per month HOA.
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| Jun 7, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017