47
Map
5571 57 Way
About This Property
Step inside to discover a thoughtfully designed floor plan that includes a formal dining room for elegant meals, a cozy living room for unwinding, and a bright breakfast nook. The open layout enhances the home's sense of space and light, creating an inviting atmosphere for both family and guests.
Outside, the large corner lot provides ample room for outdoor activities and gardening, while the community amenities are just as impressive. Enjoy the benefits of very low HOA dues, and take advantage of the fantastic clubhouse, large swimming pool, state-of-the-art fitness center, and playground.
Convenience is key hereyou're only 5 minutes away from a variety of shopping options and a short 7-minute drive to the pristine Vero Beach coastline. Plus, the property is not in a flood zone, offering peace of mind.
Seller is willing to contribute $8,000 towards buyers closing cost.
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Cap Rate Calculator
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 16, 2025 | Sold | ||
| Sold | |||
| Sep 9, 2025 | In contract | - | |
| In contract | |||
| Jul 27, 2025 | Price Decreased |
$374,900
↓ $15K
(3.9%) | |
| Price Decreased | |||
| Jul 17, 2025 | Relisted | $389,900 | |
| Relisted | |||
| Jul 2, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017