1189 RIB AVENUE
About This Property
Escape to 1189 Rib Ave, a stunning 5-bed, 3-bath haven on 1.37 acres in Saint Cloud's booming New Eden. This 2,151 sq ft gem boasts a new roof (May 2024), a pre-closing HVAC upgrade, and breathtaking sunrise views over your partially owned private pond. Inside, a sun-drenched great room with a wood-burning fireplace flows to a patio perfect for gatherings, while a sleek gray kitchen with stainless steel appliances and a walk-in pantry delights chefs. The primary suite offers porch access and an en suite with dual vanities. the home offers a split layout ensuring privacy for all.
Outside, envision a playground, garden, or expansion on this expansive lot, complete with a detached workshop. Just steps from New Eden's boat launch, it's a fisherman's paradise. With Saint Cloud's land values soaring, this is a rare investment opportunity. Only 26 miles to Orlando Airport and 30 minutes to beaches, it's ideal for families or the right investor. Act now-schedule your private tour today before this gem is gone!
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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 |
|---|---|---|---|
| Oct 1, 2025 | Sold | ||
| Sold | |||
| Sep 6, 2025 | In contract | - | |
| In contract | |||
| Aug 21, 2025 | Price Decreased |
$359,000
↓ $11K
(3%) | |
| Price Decreased | |||
| Jul 22, 2025 | Price Decreased |
$370,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Jul 17, 2025 | Relisted | $375,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017