5407 Seagrape Drive
About This Property
Inside, the master bathroom is a luxurious retreat with a walk-in shower and a jacuzzi tub, offering a perfect place to unwind after a long day. Two additional bedrooms ensure there's plenty of space for family members or guests.
The home boasts modern amenities, including a fully insulated, air-conditioned, and heated 2 car garage, ensuring comfort regardless of the season. A brand-new water heater has been installed and a generator powers everything except the air conditioning, adding an extra layer of convenience and reliability. With a new landscape irrigation system installed just over a year ago, maintaining the lush backyard is a breeze.
This home is now vacant, with all furniture removed, providing a clean canvas for its next occupants to make it their own. Whether you're looking for a peaceful retreat or a space to entertain, this house is ready to welcome you home.
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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 |
|---|---|---|---|
| Oct 23, 2025 | Sold | ||
| Sold | |||
| Sep 3, 2025 | In contract | - | |
| In contract | |||
| Aug 22, 2025 | Price Decreased |
$394,900
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Aug 14, 2025 | Listed | $399,900 | |
| Listed | |||
| | |||
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Welcome to this inviting 3-bedroom, 2-bath home in the sought-after Indian River Estates of Fort Pierce. Featuring a functional split-bedroom layout, the spacious primary suite offers tray ceilings, dual walk-in closets, and a private bath with double sinks. Tile floors flow through the main areas, with carpet in bedrooms. The kitchen provides ample cabinet space, eat-in dining, and a formal dining room. Enjoy the screened porch, fenced backyard, above-ground pool, and spa—perfect for Florida living. Extras include a generator and air-conditioned 2-car garage. No HOA! Just 2 miles from the Intracoastal.
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| May 28, 2024 | Sold | ||
| Sold | |||
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About Indian River Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017