3875 N Indian River Drive
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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.
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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 |
|---|---|---|---|
| Dec 27, 2024 | Sold | ||
| Sold | |||
| Dec 2, 2024 | In contract | - | |
| In contract | |||
| Nov 8, 2024 | Listed by Atlantic Group Real Estate | $1,699,000 | |
| Listed by Atlantic Group Real Estate | |||
| | |||
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Rare find, NEWER construction, CUSTOM DESIGNED HOME with a large lot on desirable Indian River Drive. The property has an expansive 230' of river frontage with new 300' dock (w/water & electric) situated on rare 1.47 acres. The home's open floor plan offers an exquisite kitchen with natural stone quartzite, custom high-end cabinetry and stainless appliances. Every detail about this home is magnificent. A bonus detached, fully insulated and air-conditioned 30x40 garage has an 12' garage door, perfect for your RV, boats or home gym. A bonus bedroom above attached garage offers in-law or guest suite potential with optional bath potential, oversized closet and private balcony. A whole house generator, hurricane impact windows and new construction with exceptional energy efficiency makes this home nearly worry-free. Watch rocket launches, launch your water toys and boats from your private dock with exceptional views of the VAB at NASA. This property is one-of-a-kind.
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| Oct 16, 2020 | Sold | ||
| Sold | |||
| Jul 19, 2019 | Listed by Premium Properties Real Estate | $400,000 | |
| Listed by Premium Properties Real Estate | |||
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Last Updated: 4 months ago
Data Source: Space Coast MLS, MLS# 851078
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017