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8534 SE Seagrape Way
About This Property
The master suite is a true sanctuary, with a spa-like steam shower in the luxurious master bath-perfect for unwinding after a long day. Located in one of the best communities in Hobe Sound, residents enjoy amenities including direct access to the Intracoastal, community docks, a convenient boat ramp, boat/RV storage, a dog park, heated pool & 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 |
|---|---|---|---|
| Jan 31, 2025 | Sold | ||
| Sold | |||
| Dec 27, 2024 | In contract | - | |
| In contract | |||
| Nov 6, 2024 | Listed by Illustrated Properties/Hobe So | $695,000 | |
| Listed by Illustrated Properties/Hobe So | |||
| May 11, 2021 | Sold | ||
| Sold | |||
| Feb 24, 2021 | Listed by Keller Williams Realty Of The Treasure Coast | $589,900 | |
| Listed by Keller Williams Realty Of The Treasure Coast | |||
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''TALK ABOUT SECLUDED'' DON'T MISS THIS ''UPDATED'' BEAUTIFUL HOBE SOUND. HIDDEN COURTYARD GEM. CUSTOM LANDSCAPED WITH HIGH PRIVACY HEDGE BOARDERS, TUCKED INSIDE THE SOUGHT AFTER WATERFRONT ''SOUNDINGS'' COMMUNITY. BRING YOUR BOAT, COMMUNITY HAS A BOAT/RV STORAGE AND COMMUNITY BOAT LAUNCH, WITH ACCESS TO THE I.C.W....STEP INSIDE AND YOU WILL FIND THIS 3/2/2, SINGLE FAMILY C.B.S. HOME OOZING PRIDE OF OWNERSHIP..WITH A $110K CHEFS STAINLESS KITCHEN, W/WOLF BRAND DOUBLE OVEN AND PROPANE COOKTOP, SUB ZERO REFRIGERATOR, MIELE DISHWASHER AND CUSTOM STAINLESS COUNTERTOPS & ITALIAN CABINETS, OVERLOOKING A LARGE LIVING ROOM. SIMPLY A FOODIES DREAM!! HOME HAS HIGH QUALITY TRAVERTINE & HARDWOOD FLOORS, UPDATED BATHROOMS, MASTER STEAM SHOWER, IMPACT FRENCH DOORS & PARTIAL IMPACT WINDOWS. A MUST SEE!! THE SOUNDINGS OFFERS A COMMUNITY MARINA, POOL, TENNIS COURTS AND CLUBHOUSE. THE HOME IS JUST MINUTES BY BIKE TO THE BEACH AND 10 MINUTES TO THE I95 INTERSTATE.
ADDITIONAL PICTURES TO FOLLOW.
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About Hobe Sound
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017