8
Map
521 Cypress Road
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| Sep 29, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Feb 16, 2026 | Listed by Engel & Voelkers Vero Beach | $2,950,000 | |
| Listed by Engel & Voelkers Vero Beach | |||
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Dec 17, 2024 | In contract | - | |
| In contract | |||
| Mar 13, 2024 | Listed by North Beach Realty, Inc. | $899,000 | |
| Listed by North Beach Realty, Inc. | |||
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Very rare opportunity to own a prime lot in central beach. Property is located on a beautiful tree canopied street of single family homes. Walk to beach (two blocks), restaurants, shops, parks, events; it's at the very center of what's happening on central beach! Lot situated away from the traffic of A1A, yet accessible via Mockingbird where Cypress Rd ends. City water and sewer. Lot has been cleared of exposed and marked sewer and water lines and trees have been removed from the center of the lot. Survey and a set of home plans are available to view for this valuable property.
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Property Highlights
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About Vero Beach
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Currently no similar homes aroundNearby Rentals
$9,000 /mo
- 2 Beds
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$2,500 /mo
- 2 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017