$990,000
●
House -
Off Market
4 Beds
4 Baths
$6,325
Est. Monthly
$303
HOA / Fees
About This Property
Tucked away on private Southpointe Ct. in Balmoral at Baytree, this
elegant custom home offers luxury, privacy, and stunning golf
course views. Designed for indoor-outdoor living, it features a
screened lanai with a summer kitchen, spa, and lap-size pool
overlooking the 16th fairway. Inside, high-end finishes enhance the
open layout, with a chef's kitchen, a spacious family room with a
fireplace, a luxe primary suite, split guest rooms, a loft with a
balcony, and a 3-car garage.
Unit Size
-
Days on Market
129 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$965
HOA Dues
$303
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (Indian River #284909)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 2, 2025 | Sold | ||
| Sold | |||
| Apr 25, 2025 | In contract | - | |
| In contract | |||
| Apr 4, 2025 | Price Decreased |
$1,030,000
↓ $24K
(2.3%) | |
| Price Decreased | |||
| Mar 17, 2025 | Price Decreased |
$1,054,000
↓ $15K
(1.4%) | |
| Price Decreased | |||
| Feb 24, 2025 | Price Decreased |
$1,069,000
↓ $29K
(2.6%) | |
| Price Decreased | |||
Show More
Property Highlights
Air Conditioning
Parking Details
Has Garage
Parking Features: ThreeCarGarage, ThreeOrMoreSpaces
Garage Spaces: 3
Interior Details
Full Bathrooms: 4
Interior Features: Crown Molding, High Ceilings, Kitchen Island, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), ClosetCabinetry, SplitBedrooms, FrenchDoorsAtriumDoors
Appliances: Cooktop, Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Water Softener Owned, Washer, BuiltInOven
Flooring Type: Carpet, Laminate, Tile, Wood
Door Features: French Doors, Sliding Doors
Rooms: 6
Exterior Details
Square Footage Source: $0
Security Features: Smoke Detector(s)
Architectural Style: TwoStory
Year Built: 2003
Waterfront Features: None
Levels: One, Two
Window Features: Blinds, Window Treatments
Construction Materials: Block, Frame, Concrete, Stucco
Patio and Porch Features: Deck
Pool Features: Gas Heat, Heated, Private, Screen Enclosure, Community, Pool
Pool is Private
Lot Features: On Golf Course, QuarterToHalfAcreLot
Lot Size Units: Acres
Lot Size Dimensions: 0.31
Tax Lot: 21
Water Source: Well
Financial Details
Tax Assessed Value: $768,000
Tax Annual Amount: $11,574
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Security, CommonAreas, Other
HOA Fee: $303
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|
Similar Homes for Sale
Currently no similar homes around
Listed by: Carola Mayerhoeffer, One Sotheby's Int'l Realty
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 284909
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 284909
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