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5209 Beland Drive
About This Property
Upstairs, a versatile loft provides space for a home office, gym, or media room. The primary suite is a true retreat with a spa-like bath and generous walk-in closets. Outside, the large fenced yard offers plenty of room for a future pool or outdoor kitchen. Andalucia residents enjoy a resort-style pool, fitness center, playground and manned gated entry all with a low HOA fee that covers lawn care. Conveniently located near top-rated schools, equestrian venues, shopping, and dining. This move-in-ready home is priced to sell schedule your showing today!
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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 |
|---|---|---|---|
| Oct 1, 2025 | Sold | ||
| Sold | |||
| Sep 23, 2025 | In contract | - | |
| In contract | |||
| Aug 30, 2025 | Price Decreased |
$799,000
↓ $27K
(3.3%) | |
| Price Decreased | |||
| Aug 5, 2025 | Listed by Compass Florida LLC | $826,000 | |
| Listed by Compass Florida LLC | |||
| Jul 31, 2025 | Price Decreased |
$826,000
↓ $19K
(2.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017