25
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7998 SE Hempstead Circle
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 |
|---|---|---|---|
| Aug 27, 2026 | Listed by Polo Group Florida LLC | $829,000 | |
| Listed by Polo Group Florida LLC | |||
| Mar 7, 2026 | Price Decreased |
$829,000
↓ $36K
(4.2%) | |
| Price Decreased | |||
| Nov 20, 2025 | Listed by Polo Group Florida LLC | $865,000 | |
| Listed by Polo Group Florida LLC | |||
| |||
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Seller is offering a $5,000 credit at closing to cover the mandatory social membership fee. 2015 roof, 2021 hot water heater, and 2021 AC.
This is a must-see home in Hobe Sound Golf Club, a premier guard-gated community offering privacy, security, and relaxed luxury. This light-filled, one-level 3 bedroom, 3 bathroom home sits on a desirable corner lot. Enjoy easy Florida living with a short walk or golf cart ride to the pool or clubhouse. Inside, open living spaces are bright and airy, ideal for entertaining or everyday comfort. The oversized primary suite features a spacious walk-in closet, while guest bedrooms provide privacy.
Conveniently located off Bridge Road, under 3 miles to Hobe Sound Beach, close to shops and dining, minutes to I-95, and 35 minutes to PBI.
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| Apr 3, 2023 | Sold | ||
| Sold | |||
| Jan 16, 2020 | Sold | ||
| Sold | |||
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About Hobe Sound
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$6,500 /mo
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- 1,330 ft²
$2,000 /mo
- 2 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017