5134 S Lake Drive
About This Property
Listed By
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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 |
|---|---|---|---|
| Aug 9, 2026 | Listed by The Property Group 850 Inc | $239,900 | |
| Listed by The Property Group 850 Inc | |||
| Jun 23, 2025 | Price Decreased |
$245,000
↓ $5K
(2%) | |
| Price Decreased | |||
| May 14, 2025 | Listed | $249,900 | |
| Listed | |||
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Welcome to this delightful 3-bedroom, 2-bathroom Florida cottage, ideally located for enjoying all that the Emerald Coast has to offer. NEWER ROOF and NEWER WATER HEATER could mean more affordable insurance costs! Step inside to discover a seamless flow and easy upkeep thanks to the beautiful and durable full tile flooring throughout the home. The spacious, and open, living areas are perfect for family gatherings, while the fenced backyard provides privacy for children and pets to play. Imagine sunny afternoons grilling on the patio and enjoying the Florida breeze. This move-in-ready home is waiting for you!
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| Feb 22, 2022 | Sold | ||
| Sold | |||
| Sep 16, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017