5406 Birch Drive
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%.
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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 |
|---|---|---|---|
| Jan 23, 2025 | Sold | ||
| Sold | |||
| Dec 30, 2024 | In contract | - | |
| In contract | |||
| Dec 6, 2024 | Price Decreased |
$419,990
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Nov 23, 2024 | Price Decreased |
$429,990
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Nov 4, 2024 | Listed by Bradley & Associates Real Est | $434,990 | |
| Listed by Bradley & Associates Real Est | |||
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Welcome to this Beautiful Key Largo Model Home, Nestled in the Coastal Community of Indian River Estates. This Desirable Fort pierce neighborhood is situated just west of the Indian River and Mins to downtown Fort Pierce. Arriving to the home you have a Solid New Construction with a 5v Metal roof and Impact windows throughout. Come inside and take in the large open floor plan with is Topped with a Grand kitchen that offers all wood Cabinets, quartz countertops and Stainless appliances. This home has an Endless amenities with the Deluxe Master suite and 3 Extra bedrooms. The Master Suite offers walk in closets and a Bathroom with Dual Sinks, walk in shower and Corner tub. This new construction is complete and Ready for its new owner! Ask about the home Warranty and Builder credits!
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About Indian River Estates
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$10,000 /mo
- 3 Beds
- 2 Baths
- 1,870 ft²
$2,500 /mo
- 3 Beds
- 1 Bath
- 1,118 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017