350 Indian Mound 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%.
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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 |
|---|---|---|---|
| Feb 3, 2025 | Listed | $375,000 | |
| Listed | |||
| | |||
|
lovely 1/2 acre wooded lot on dead end road with consistent newer homes. Dry land House across the street listed for 1.4 mill. unincorporated rentals are 3 month minimum, no required HOA, this lot backs up to Maritime Hammock acreage, 2 miles to Indian River Preserve State Park and 7 miles to Sebastian Inlet State Park, A1A just renamed Jimmy Buffet Memorial Hwy.
| |||
| Dec 27, 2016 | Sold | ||
| Sold | |||
| Aug 18, 2016 | Listed by Salt Water Realty of Brevard | $180,000 | |
| Listed by Salt Water Realty of Brevard | |||
Property Highlights
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About Bounty Bay
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017