7571 SE Bay Cedar Circle
About This Property
This gated community is nearby the Lost Lake Golf Club which has memberships available for those wishing to play golf as well as social memberships for others who enjoy the enhanced lifestyle. Rentals are permitted with restrictions. The community offers a heated pool, two tennis courts, and two bocce ball courts along with a small clubhouse.
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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 |
|---|---|---|---|
| Oct 24, 2024 | Sold | ||
| Sold | |||
| Jun 21, 2024 | Listed by RE/MAX of Stuart | $550,000 | |
| Listed by RE/MAX of Stuart | |||
| Jul 19, 2019 | Sold | ||
| Sold | |||
| Feb 12, 2019 | Listed by Exit Realty Premier Elite | $335,000 | |
| Listed by Exit Realty Premier Elite | |||
| | |||
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Florida Living! A 3 bedroom, 2 bathroom, 2 car garage home located in The Preserve of Hobe Sound gated community. Enjoy relaxing, wide open tranquil views of the nature preserve from the moment you walk into this bright and airy house. It is move in ready, as the home was painted inside and out. Gorgeous plantation shutters adorn every single window, complementing the baseboards and crown molding. Durable Pergo hardwood floors flow throughout the ENTIRE home. Lighting and ceiling fans were updated. The kitchen features custom wood cabinets, granite counter tops and back splash, great views and a pantry. An indoor laundry room provides cabinets galore! There is plenty of storage room, a brand new washer and dryer, large counter top and a laundry sink. Enjoy more nature views from the master bedroom. It has 2 large closets, one being a walk-in. The master bathroom has beautiful dual sink granite counter tops, wood cabinets, a shower with frame-less doors, and a separate tub. Cleaning has been made conveniently easy with the central vacuum system, including an automatic dustpan and other accessories. Additional convenience features include a tank-less water heater and 15KW standby generator-WITH a transfer switch, capable of running your WHOLE house. Imagine uninterrupted power during those hot post-hurricane days! In the garage, epoxy floor was professionally installed and storage cabinets will be staying. Outdoors, the yard is fully fenced in, gutters line the home throughout, and accordion shutters offer additional storm protection. There is a front porch and a back patio, which are both covered and screened in. The community's manicured landscaping is well maintained by the home owners' association. The very low HOA fee also includes HD cable and wifi. Highly desired amenities available are a community clubhouse, spacious pool with lounging deck, tennis courts, and shuffle board. This is your dream home. Don't delay and call today!
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| Mar 23, 2015 | Sold | ||
| Sold | |||
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About Martin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017