65
Map
5572 Beach Elder Way
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 20, 2020 | Sold | ||
| Sold | |||
| Apr 9, 2020 | Listed | $399,000 | |
| Listed | |||
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Beautiful 3 bedroom 2 bath, split plan stand alone home in highly sought after South Shores gated community. Walk into this home and view your beautiful private pool through the living room. Home has been well maintained and offers formal dining room or bonus room with eat in kitchen and has so many extras such as the pavers in the driveway, accordion hurricane shutters, private back yard and private pool. If you are thinking about making this area your permanent home or vacation rental, this is a great investment. Owner willing to negotiate furniture making either decision extremely easy. The community offers two private fishing piers to enjoy the sunsets with your friends, family and neighbors, . All of this in a gated community offering heated pool, har tru clay tennis courts and private beach access. Very close to Sebastian Inlet for fishing and only 1 1/2 hours from the theme parks and Orlando airport. The manager has listed the unit size as 1684 square feet.
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| Jan 21, 2020 | Listed by Coldwell Banker Paradise | $399,000 | |
| Listed by Coldwell Banker Paradise | |||
| Dec 30, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017