5 Cache Cay 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 29, 2026 | Sold | ||
| Sold | |||
| Jun 25, 2026 | In contract | - | |
| In contract | |||
| May 11, 2026 | Listed by Premier Estate Properties | $1,550,000 | |
| Listed by Premier Estate Properties | |||
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Situated on a 1/2-acre lot with 120+ft of river frontage, this reimagined 3BR/2.5BA home defines Vero Beach waterfront living. The property showcases exceptional upgrades including impact windows/sliders, new flooring throughout, updated appliances, & new dock that accommodates larger vessels. Designed for both comfort and entertaining, the inviting split floor plan features beautifully remodeled bathrooms, a screened pool and lanai, and seamless indoor/outdoor flow. Ideally located in a gated community with low HOA fees, just moments from beach access and the amenities of Ocean Drive.
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| Mar 15, 2024 | No longer available | - | |
| No longer available | |||
| Mar 3, 2024 | Price Decreased |
$1,449,999
↓ $50K
(3.3%) | |
| Price Decreased | |||
Property Highlights
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About Vero Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017