12
Map
517 Andrews Drive
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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%.
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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.
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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 |
|---|---|---|---|
| Apr 8, 2020 | No longer available | - | |
| No longer available | |||
| Mar 10, 2020 | Price Decreased |
$689,000
↓ $10K
(1.4%) | |
| Price Decreased | |||
| Jan 11, 2020 | Price Decreased |
$699,000
↓ $30K
(4.1%) | |
| Price Decreased | |||
| Nov 25, 2019 | Listed | $729,000 | |
| Listed | |||
| | |||
|
Renovated pool home South of Fifth Ave in Melbourne Beach! BRAND NEW ROOF! Classic Florida charm with stunning, modern touches & breathtaking views. A rare find with fourbedrooms PLUS an office, impressive square footage, and a huge lot. This home greets you with lush tropical landscaping, soft Zoysia grass, & a covered front porch. The first floor is open & bright with beautifully refinished terrazzo flooring. Sleek & spacious kitchen with waterfall countertops and dining nook. Second floor features the master suite & additional bedrooms, all with hardwood flooring. Florida room exits to the heated pool & large backyard. This home is absolutely perfect for entertaining with the open concept floor plan & outdoor pergola. Great neighborhood walking distance to both the beach and the river The manager has listed the unit size as 3373 square feet.
| |||
| Oct 15, 2013 | Sold | ||
| Sold | |||
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About The River Colony West
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017