2985 Conifer Drive
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 |
|---|---|---|---|
| Jun 17, 2022 | Sold | ||
| Sold | |||
| Feb 10, 2022 | Listed by Berkshire Hathaway Florida Rea | $675,000 | |
| Listed by Berkshire Hathaway Florida Rea | |||
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Lovely, move-in ready pool home is perfectly situated with views of lake and golf course on a large lot in desirable community. The roof, A/C's, water heater and generator are on the newer side (2015-2017). Charming features throughout the home include niches, tile floors, updated kitchen with gas range, higher ceilings, wet bar with wine cooler, barn door, loads of storage and propane fireplace. This house is a short ride to clubhouse, gate, highways, downtown Vero Beach and downtown Fort Pierce. Golf membership not required. Minimal HOA fee includes gated community, private roads, unlimited municipal water and common area maintenance.
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| Oct 15, 2021 | Listed by Berkshire Hathaway Florida Realty | $675,000 | |
| Listed by Berkshire Hathaway Florida Realty | |||
| Jun 10, 2015 | Sold | ||
| Sold | |||
| Mar 15, 2015 | Listed by Berkshire Hathaway Florida Realty | $273,000 | |
| Listed by Berkshire Hathaway Florida Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017