9012 SE Eldorado Way
About This Property
The standout feature is the private, screened patio finished with upgraded pavers rather than standard concrete, offering a warm and inviting space. Backing onto a lush protected preserve, you'll enjoy serene views of deer and local wildlife with your morning coffee.
The home is exceptionally clean and move-in ready, featuring a 2017 A/C. It is strategically priced to account for a future roof replacement (est. 3-5 years), offering a rare entry point into Hobe Sound at an incredible value compared to higher-priced homes with new roofs. Enjoy resort-style amenities including a pool, tennis, and clubhouse just minutes from the beach!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 12, 2026 | Sold | ||
| Sold | |||
| Feb 13, 2026 | In contract | - | |
| In contract | |||
| Feb 11, 2026 | Price Decreased |
$499,000
↓ $30K
(5.7%) | |
| Price Decreased | |||
| Feb 8, 2026 | Price Decreased |
$529,000
↓ $20K
(3.6%) | |
| Price Decreased | |||
| Jan 16, 2026 | Listed by RE/MAX of Stuart | $549,000 | |
| Listed by RE/MAX of Stuart | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017