16
Map
9 Rio Vista 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 |
|---|---|---|---|
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jul 19, 2018 | Sold | ||
| Sold | |||
| Jun 11, 2018 | Listed | $429,000 | |
| Listed | |||
| | |||
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Located in the heart of South Sewall’s Point on a corner lot, this very solid block home sports a metal roof replaced in 2009, A/C in 2017, and provides over 1,800 SF of living space with 3 beds and 2 baths, a two-car garage, and a saltwater pool accessed from the living area or through the breezeway entrance. Fabulous location and opportunity with one of the most affordable prices off of Sewall’s Point Road. The potential here is certainly worth a visit to see the possibilities. Additionally, the neighborhood park with gazebo is less than a block away, so the furry family members can run and play or a friendly game of football can be had. Downtown Stuart 10 minutes away and beautiful Hutchinson Island and its beaches only 5 minutes the other way! Come experience what South Sewall’s Point has to offer. This won’t last!! The manager has listed the unit size as 1820 square feet.
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| Mar 6, 2018 | Listed by Premier Realty Group Inc | $429,000 | |
| Listed by Premier Realty Group Inc | |||
| Dec 20, 2001 | Sold | ||
| Sold | |||
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About Sewall's Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017