1489 Tipperary Drive
About This Property
Step inside to an inviting open floor plan featuring a gourmet kitchen with granite countertops, stainless steel appliances, and seamless flow for effortless entertaining. The spacious primary suite is a private retreat with dual custom walk-in closets, a spa-style shower, private water closet, and direct access to the outdoor living areas.
Enjoy resort-style amenities including a sparkling pool, fitness center, walking trails, tennis and basketball courts, and playgrounds-all just moments from your front door. Perfectly situated near the river for boating and tranquil water views, and only a short drive to the beaches and Viera Additional upgrades include landscape lighting, WiFi irrigation and garage controls, Ring doorbell, water softener, specimen palms, WiFi thermostat, washer/dryer, garage fridge hookup, and custom wood shelving throughout closets and pantry. NEW ROOF AND AC
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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 |
|---|---|---|---|
| Dec 23, 2025 | Sold | ||
| Sold | |||
| Dec 3, 2025 | In contract | - | |
| In contract | |||
| Nov 12, 2025 | Listed by Real Broker, LLC | $594,990 | |
| Listed by Real Broker, LLC | |||
| Oct 13, 2025 | In contract | - | |
| In contract | |||
| Oct 1, 2025 | Price Decreased |
$594,990
↓ $10K
(1.7%) | |
| Price Decreased | |||
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About Capron Ridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017