869 SW Blue Stem Way
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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 |
|---|---|---|---|
| Jun 17, 2024 | Sold | ||
| Sold | |||
| May 10, 2024 | In contract | - | |
| In contract | |||
| Jan 19, 2024 | Listed by Home Sales Palm Beach | $745,000 | |
| Listed by Home Sales Palm Beach | |||
| | |||
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Seller motivated, will offer $25,000 in closing credit for full price offer. Indulge in a luxurious lifestyle with this exquisite 2300 sq ft estate home boasting another 2100 sq ft of screened-in outdoor living space. Pamper yourself in the saltwater lagoon pool with 2 tranquil waterfalls. Enjoy the many possibilities of your outdoor kitchen! Your backyard view is a beautiful preserve with glimpses of the 4th Fairway of the prestigious gated golf course community of The Florida Club. Inside, the home boasts an array of spectacular features including a gourmet kitchen complete with SS appliances, stunning granite countertops, a gas stove, and an elegant island. Feel secure in any weather with a whole-house generator and 100% storm protection. No membership, Pay as you Play 18-hole golf course with pro-shop, driving range, putting green, and chipping practice area. The clubhouse offers breakfast, lunch and dinner, plus carry outs, and daily Happy Hour.
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| Nov 15, 2023 | No longer available | - | |
| No longer available | |||
| Oct 1, 2023 | Price Decreased |
$749,900
↓ $19K
(2.5%) | |
| Price Decreased | |||
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About Martin
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Currently no similar homes aroundNearby Rentals
$4,500 /mo
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$5,000 /mo
- 4 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017