500 7th Square #201
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 |
|---|---|---|---|
| Sep 9, 2021 | Sold | ||
| Sold | |||
| Aug 16, 2021 | Listed | $235,000 | |
| Listed | |||
| | |||
|
Penthouse! With your private balcony overlooking the beautiful pond. Private, with 1 car garage, gated community w/ resort style pool. This is not a 55+ and a pet is allowed. New A/C in 2020, newer appliances, impact windows, plantation shutters, 9'5 ceilings, tile thru- out, short distance to beaches, shopping and more. All ready for you!
| |||
| Jan 17, 2020 | Sold | ||
| Sold | |||
| Oct 14, 2019 | Listed | $168,000 | |
| Listed | |||
   | |||
|
2nd floor Penthouse corner unit in the back of the community. Great sunset views on your private balcony. Condo offers newer appliances, tile floors and plantation shutters. IMPACT windows and doors for peace of mind. Also comes with 1 car garage. Centrally located to all restaurants and shopping. Great community in the heart of Vero. Also has a clubhouse and heated pool for relaxing.
| |||
| Aug 26, 2019 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/06/2025
|
2 Bed
|
2 Bath
|
1127 ft²
|
$205,000
2 Bed
2 Bath
1127 ft²
|
-
-
|
Michael Flowers
Cliff Norris Real Estate
| |
|
06/22/2024
|
2 Bed
|
2 Bath
|
1230 ft²
|
$229,900
2 Bed
2 Bath
1230 ft²
|
$225,000
-2.13%
08/05/2024
|
Robbie Berlingieri
Billero & Billero Properties
| |
|
06/28/2023
|
2 Bed
|
2 Bath
|
1230 ft²
|
$239,000
2 Bed
2 Bath
1230 ft²
|
-
-
|
Robbie Berlingieri
Billero & Billero Properties
| |
|
08/16/2021
|
2 Bed
|
2 Bath
|
1230 ft²
|
$235,000
2 Bed
2 Bath
1230 ft²
|
$236,000
+0.43%
09/09/2021
|
Robbie Berlingieri
Billero & Billero Properties
| |
|
10/14/2019
|
2 Bed
|
2 Bath
|
1230 ft²
|
$168,000
2 Bed
2 Bath
1230 ft²
|
$160,000
-4.76%
01/17/2020
|
Shane Reynolds
Keller Williams - Vero Beach
| |
|
07/16/2018
|
2 Bed
|
2 Bath
|
-
|
$189,000
2 Bed
2 Bath
|
-
-
|
-
|
Building Info
About Vero Beach South
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017