38
Map
53 Vip Island #A
About This Property
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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.
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 |
|---|---|---|---|
| Jun 26, 2026 | Listed by Blue Marlin Real Estate | $619,000 | |
| Listed by Blue Marlin Real Estate | |||
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Leave the mainland, the cars, the traffic & ordinary behind to discover a home where every arrival feels like the beginning of a vacation. The name: VIP Island, Vacation Island Playground. Accessible only by boat, this extraordinary island retreat in the Indian River offers a lifestyle defined by privacy, tranquility, and breathtaking natural beauty. North facing home at the opening of the channel offers a rare chance to have one of the best views on the island! The main living is on the 2nd floor along with the primary bedroom, 1 bedroom on the 3rd floor, the ground floor features an inviting under-home retreat ideal for relaxing, entertaining or escaping the sun. With a hot/cold outdoor shower, convenient 1/2 bath, tiki bar and a storage/garage area. Tesla solar panels: PAID=$38 monthly electric bills. 8,000 lb boat lift, Sonos Five wifi outdoor speakers, security cameras, storm shutters, new tie-downs & support beam, new impact French doors, 2019 roof...ALL permits paid in FULL & no liens, NONE. Some places are visited, a fortunate few are called home, make this yours that most only dream about. Here you have just water, wildlife and island life. Your commute home starts at the dock!
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| Jun 11, 2021 | Sold | ||
| Sold | |||
| May 4, 2020 | No longer available | - | |
| No longer available | |||
| Apr 17, 2020 | Listed | $399,900 | |
| Listed | |||
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Fisherman's paradise! Here it is! A Very special private Island Home. Located on VIP Island. in the Indian River Just 5 miles north of the Sebastian River. Can be used as a primary home or weekend retreat. Unobstructed views of the Indian River. Lot fronts the Canal. Home is located at the head of the canal. Private Dock, 3 bedrooms one full bath, plus a half bath with outdoor shower. Great views from the living room and Balcony. 12 kilowatt solar back up power system. Ground floor has under the house living space and workshop. Efficient water filtration system. Perfect place to get away from it all. The manager has listed the unit size as 1088 square feet.
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| Apr 19, 2016 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/17/2020
|
3 Bed
|
2 Bath
|
1088 ft²
|
$399,900
3 Bed
2 Bath
1088 ft²
|
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-
|
-
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07/24/2015
|
3 Bed
|
2 Bath
|
-
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$379,000
3 Bed
2 Bath
|
$410,000
+8.18%
04/19/2016
|
Lauren Merrell PA
Dale Sorensen Real Estate Inc.
|
Building Info
About Vacation Island Playground
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Currently no similar homes aroundNearby Rentals
$5,500 /mo
- 3 Beds
- 2 Baths
- 1,865 ft²
$4,000 /mo
- 2 Beds
- 2 Baths
- 1,103 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017