36
Map
311 Shores Drive
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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 |
|---|---|---|---|
| Oct 31, 2026 | Price Decreased |
$1,450,000
↓ $45K
(3%) | |
| Price Decreased | |||
| Sep 21, 2026 | Listed by One Sotheby's Int'l Realty | $1,495,000 | |
| Listed by One Sotheby's Int'l Realty | |||
| Dec 10, 2014 | Sold | ||
| Sold | |||
| Mar 7, 2014 | Sold | ||
| Sold | |||
| Jan 19, 2012 | Listed by Norris & Company | $749,000 | |
| Listed by Norris & Company | |||
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Elegant 4BR + office lakefront pool-home tucked away in prestigious gated Shores subdivision. Vaulted ceilings, a split floorplan and tranquil lake behind makes this house ideal. Back porch overlooking the lake and pool is screened-enclosed. Other features include crown molding, roman tub, walk-in closets, cabana bath, skylight, wet bar outside.
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About Indian River Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017