7900 SE Sequoia Drive
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%.
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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 |
|---|---|---|---|
| Feb 23, 2021 | Sold | ||
| Sold | |||
| Sep 28, 2020 | Listed by United Realty Group Inc. | $714,999 | |
| Listed by United Realty Group Inc. | |||
| Apr 7, 2020 | No longer available | - | |
| No longer available | |||
| Dec 13, 2019 | Price Decreased |
$739,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Apr 27, 2019 | Listed | $749,000 | |
| Listed | |||
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The Arbors is a beautiful gated community with oak lined streets, lakes, and preserve with hiking trails and an abundance of wildlife. Hobe Sound Beach is a short car ride away. The home, built in 2005, has new air conditioner and has been newly painted inside and out, has 4 Bedrooms, 3.5 Baths, 3 car garage, formal dining room, home office, laundry room with sink and storage. The kitchen has lots of cabinets, granite counter tops, a walk-in pantry, chef island, breakfast bar, and new appliances. There is wainscoting throughout the living areas and oversize floor tiles. All room sizes are approximate. The patio has seating areas, a pool, a spa with child proof pool fence. The rear fenced garden is a private oasis that has a grass strip perfect for pets. The flow of this beautiful home is effortless! The manager has listed the unit size as 3000 square feet.
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About Martin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017