253 Okeechobee Cove
About This Property
This property is under contract with a kickoff clause. If we get another offer the current buyers will not move forward if their property does not sale.
VACANT/EASY SHOW!!
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In Emerald Lakes
This 4-bedroom, 3-bathroom residence offers a perfect blend of coastal luxury and modern comfort. Nestled in a peaceful neighborhood just minutes from the sugar-white sands and emerald waters of the Gulf, this home is ideal for both full-time living or as a vacation getaway.
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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 |
|---|---|---|---|
| Nov 6, 2025 | Sold | ||
| Sold | |||
| Oct 20, 2025 | In contract | - | |
| In contract | |||
| Sep 27, 2025 | Price Decreased |
$649,000
↓ $20K
(3%) | |
| Price Decreased | |||
| Sep 13, 2025 | Price Decreased |
$669,000
↓ $20K
(2.9%) | |
| Price Decreased | |||
| Jun 12, 2025 | Price Decreased |
$689,000
↓ $11K
(1.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017