3186 1st Lane
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 |
|---|---|---|---|
| Sep 9, 2025 | Sold | ||
| Sold | |||
| Aug 14, 2025 | In contract | - | |
| In contract | |||
| Aug 6, 2025 | Price Decreased |
$290,000
↓ $15K
(4.9%) | |
| Price Decreased | |||
| Jul 24, 2025 | Listed by Keller Williams Realty of VB | $305,000 | |
| Listed by Keller Williams Realty of VB | |||
| | |||
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Centrally located in the heart of Vero Beach, this well-maintained 3BD, 2BA home sits on a 0.17-acre lot & includes a 1CG + utility shed for extra storage. Offering 1,317 sq.ft of comfortable living space, recent upgrades include a 2023 metal roof, updated plumbing (re-piped in 2023) & new flooring throughout the home. A double-wide driveway adds convenience, while the inviting front porch brings curb appeal & a cozy space to relax. Whether you're a first-time buyer or savvy investor, this home delivers lasting value in a prime location. Just minutes from beaches, parks, shopping & dining.
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| Oct 28, 2016 | Sold | ||
| Sold | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017