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196 15th Avenue
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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 |
|---|---|---|---|
| Apr 22, 2025 | Sold | ||
| Sold | |||
| Mar 28, 2025 | In contract | - | |
| In contract | |||
| Oct 14, 2024 | Listed by Keller Williams Rlty Vero Bch | $418,000 | |
| Listed by Keller Williams Rlty Vero Bch | |||
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SOLD!!! LOVELY 3 bedroom, 2 bathroom VERO BEACH POOL HOME located on just over 1/3 acre FENCED CORNER LOT. NO HOA! Enjoy indoor/outdoor Floridian lifestyle with large open-air salt-water pool, pavered deck and outdoor shower. Two sliders open out from house to pool/deck area and screened covered lanai. UPGRADES 2024: HARDI PLANK SIDING! Guest bedrooms w/brand new vinyl plank flooring. Interior and exterior professionally painted. 2020: HVAC and Refrigerator. 2018: Kitchen granite countertop, glass backsplash and SS appliances. 2016: METAL ROOF! Shed painted to mimic house. LOCATION: On MAINLAND: minutes to shopping, grocery, eateries, schools, parks, big box shopping and medical including Cleveland Clinic Medical Center, McKee Botanical Garden, movie theatres and more. ISLAND: quick drive to river, parks, eateries, fine dining, boutiques, museum, performing art theatres and pristine beaches. EAT, PLAY, SHOP VERO BEACH! MUST SEE DRONE VIDEO TOUR!
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| Mar 18, 2022 | Sold | ||
| Sold | |||
| Jan 6, 2022 | Listed by Keller Williams Realty of Vero | $375,000 | |
| Listed by Keller Williams Realty of Vero | |||
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About Florida Ridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017