5318 Vespera Street
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 |
|---|---|---|---|
| Jun 14, 2023 | Sold | ||
| Sold | |||
| Mar 16, 2023 | Listed by Atlantic Shores ERA Powered | $369,000 | |
| Listed by Atlantic Shores ERA Powered | |||
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Never occupied, Brand New! 3Bed / 2Bath CBS Home in beautiful Waterstone Community, 1480 living. Home features 2 car garage, split floor plan, 36 inch cabinets, Separate shower/garden tub, 10x14' covered lanai. Kitchen has stainless steel appliances, refrigerator, large pantry. Quiet back yard, irrigation system, fully landscaped
Pool, fitness room, playground, tennis, pickle ball, volleyball courts. Family and Pet friendly.
Historical downtown Ft. Pierce, many outdoor evets, boating, fishing beaches, golf courses. Minutes to I-95, Vero Beach, shopping, restaurants, schools ,Low HOA. . Last available home in phase 3 in Waterstone. New homes will be completed in 2-4 months.
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| Jan 31, 2023 | Sold | ||
| Sold | |||
| Jan 5, 2023 | Listed by Adams Homes Realty Inc | $343,900 | |
| Listed by Adams Homes Realty Inc | |||
Property Highlights
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About Waterstone
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017