48
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.
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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 |
|---|---|---|---|
| Jun 26, 2026 | Listed by Blue Marlin Real Estate | $619,000 | |
| Listed by Blue Marlin Real Estate | |||
| 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
|
-
-
|
-
| |
|
07/24/2015
|
3 Bed
|
2 Bath
|
-
|
$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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017