3920 Edisto 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 |
|---|---|---|---|
| May 15, 2025 | Listed | $3,200,000 | |
| Listed | |||
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Attention Developers! 80 Acres platted for a Private Estate Gated Community currently with 14 Lots Each consisting of 5+ Acres. Great location approximately 2 miles from the Indian River & close to Sebastian Inlet & I-95. Certificate previously approved and filed. All streets & sidewalks are in place, as well as underground electrical & pad mount transformers. There are 2 Buildings located at the south end of the property. Structure #1 with an enclosed base area of apprx. 2738 sq ft and covered porch area of apprx. 1924 sq ft. Building# 2 is concrete block with an enclosed area of almost 2000 sq ft plus an additional covered area of approx. 2000 sq ft. Adjacent to this structure is a concrete building pad with 10,666 sq ft that could possibly be used for construction of an additional building. The interior includes a partially built-out area wi/bathroom. Water & septic system in place. Building height is about 16 ft. w/4 roll up doors. Lots of potential with 80 acres. Call Today!
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| Jun 20, 2018 | Sold | ||
| Sold | |||
| Jan 25, 2018 | Listed by Preferred Properties of S FL | $760,000 | |
| Listed by Preferred Properties of S FL | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017