932 SE Riverside 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%.
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 |
|---|---|---|---|
| Nov 25, 2025 | Sold | ||
| Sold | |||
| Nov 14, 2025 | In contract | - | |
| In contract | |||
| Oct 27, 2025 | Price Decreased |
$599,900
↓ $197K
(24.7%) | |
| Price Decreased | |||
| Aug 21, 2025 | Listed by RE/MAX Gold | $797,000 | |
| Listed by RE/MAX Gold | |||
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Rare Opportunity in Downtown Stuart, named Best Small Coastal Town in America by USA Today, offers you the chance to build your dream home right in the heart of downtown! This cleared Riverside Drive lot is a true blank slate, just minutes by bike or golf cart to dining, shopping, beaches, and Witham Field (now welcoming international private air travel). With city water and sewer in place, plus the unique advantage of a Riverside Drive address and rear access from Weir Street, this property is as practical as it is special. Nestled in one of Stuart's most beautiful and unrestricted neighborhoods, the possibilities are endless. Water views, privacy, convenience, and all the charm this town is known for. Something this rare won't last. Let's make it yours!
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| Jan 3, 2025 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017