7700 SE Ravissant Drive
About This Property
No expense spared with upgrades, over $120k custom pool, 80x32 screen enclosure for ultimate outdoor living experience. Outdoor fireplace, summer kitchen, pool includes waterfall, wet deck, spa, lap area and social seating areas, auto water leveling, auto cleaning, natural gas heated. Custom millwork throughout, 3 car garage, .65 acre that overlooks preserve and tranquil lake view. City water, sewer, natural gas, central vac, high speed Cat 5 data lines, whole house generator, Cambria granite, custom wood cabinets, GE Monogram appliances, gas range with hood exhaust, key-less entry, motion detect and camera security. All you can imagine and more. East commuter access to I-95 and FL Turnpike, yet only 20 minutes to Hutchinson Island and Stuart beaches.
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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 |
|---|---|---|---|
| Dec 21, 2018 | Sold | ||
| Sold | |||
| Nov 16, 2018 | Listed by Premier Realty Group Inc | $975,000 | |
| Listed by Premier Realty Group Inc | |||
| Jul 29, 2017 | Listed | $875,000 | |
| Listed | |||
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Once in Lifetime opportunity to purchase below value; never lived in High End, Luxury 2017 CBS construction, 4 bedrooms plus office/den, 4 full bathrooms, 3 car garage, paved circular driveway and outdoor living space. Impact windows, natural gas appliances, zoned a/c, high end upgrades. 80x40 screened in pool enclosed, heated with spa, wet deck, waterfall, self clieaning and lap area all surrounded by brick pavers, oversized outdoor fireplace, summer kitchen with gas grill. Cambria quartz, custom tile, designer fixtures, GE Monogram appliances, natural gas range, solid core doors, keyless entry, city water and sewer, natural gas..Everything you want and more in gated community, estate lots, close to I95 easy commute, yet 15-20 minutes to Stuart Beach. Don't miss this... The manager has listed the unit size as 3500 square feet.
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| Mar 17, 2017 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017