401 Oak Ridge Drive
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 |
|---|---|---|---|
| Jul 19, 2024 | Sold | ||
| Sold | |||
| Jun 20, 2024 | In contract | - | |
| In contract | |||
| May 24, 2024 | Price Decreased |
$799,000
↓ $11K
(1.4%) | |
| Price Decreased | |||
| Apr 8, 2024 | Listed by Avanti Way Realty LLC | $810,000 | |
| Listed by Avanti Way Realty LLC | |||
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This beautiful and completely updated 4 bedroom 2 bath home in Indialantic is ready for a new owner. 2 blocks to the beach and restaurants. Metal roof in 2019, AC in 2023, low-e double pane vinyl windows in 2017, salt water pool installed in 2019. Extra wide paver drive and pool deck. Back yard has low maintenance turf for pets and kids. Hurricane shutters for all windows. Gourmet kitchen has huge island, stainless steel appliances and quartz counters.
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| Jul 26, 2022 | No longer available | - | |
| No longer available | |||
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About Shady Shores
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Currently no similar homes aroundNearby Rentals
$2,800 /mo
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- 1,810 ft²
$2,785 /mo
- 2 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017