16
Map
1245 Mayflower Avenue
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 |
|---|---|---|---|
| Aug 22, 2025 | Sold | ||
| Sold | |||
| Jun 17, 2025 | In contract | - | |
| In contract | |||
| Apr 8, 2025 | Listed by Four Star Real Estate LLC | $359,500 | |
| Listed by Four Star Real Estate LLC | |||
| | |||
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Beautiful expanded Raleigh model with water, golf course, and green space views, you have it all with this home! Located in a resort-style country club community, offering top-notch amenities for an exceptional Florida lifestyle. With the abundance of amenities, clubs, and activities...there's something for everyone here. Home boasts an extended Florida Room that opens up to a covered lanai, where you can enjoy the views even on those rainy days. The updated kitchen overlooks combo living/dining room area and features solid surface countertops, updated appliances, eat-in breakfast nook, and plenty of storage. Primary bedroom features two walk in closets and an updated bathroom with double sinks and stylish tiled walk-in shower. Enjoy breathtaking water, golf course, and preserve views from almost every room in the house. Indoor laundry, 2022 roof, and accordion shutters complete the home! Home to over 600 Military Veterans, Indian River Colony Club is a Private 55+ Country Club community with an extensive maintenance program for each home. 18-hole golf course, shuffleboard, bocce ball, tennis courts, croquet, fitness center, heated community swimming pool, full dining facilities with executive chef.Pet-friendly, 24-hr. gated community that has you feeling you are always on vacation with incredible home maintenance program.
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| Feb 1, 2017 | Sold | ||
| Sold | |||
| Apr 20, 2016 | Sold | ||
| Sold | |||
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About Indian River Colony Club
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017