5502 Birch Drive
About This Property
Covered patio & sits on a 1/4 ACRE lot in Indian River Estates (No HOA)
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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 29, 2024 | Sold | ||
| Sold | |||
| Mar 28, 2024 | Listed by Groza Real Estate Company | $434,900 | |
| Listed by Groza Real Estate Company | |||
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Just COMPLETED! Tour this 4 BED 2.5 BATH + 2 CAR GARAGE New Constructions CBS HOME- Loaded with Features: Impact windows/wood plank 6x36 tile throughout the home/granite tops in the kitchen and 42'' white cabinets. Builder added a focal TV wall with an electric fireplace and vertical acoustic slats for a special showpiece! Covered patio & sits on a 1/4 ACRE lot in Indian River Estates (No HOA)
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| Sep 22, 2023 | Sold | ||
| Sold | |||
| Jun 30, 2023 | Sold | ||
| Sold | |||
| Apr 19, 2022 | 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