38
Map
56 Manor 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%.
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 |
|---|---|---|---|
| Sep 22, 2026 | Listed by Realty One Group Engage | $72,000 | |
| Listed by Realty One Group Engage | |||
| Sep 9, 2026 | Price Decreased |
$87,900
↓ $5K
(5%) | |
| Price Decreased | |||
| Sep 5, 2026 | Price Decreased |
$92,500
↓ $2K
(2.5%) | |
| Price Decreased | |||
| Aug 17, 2026 | Listed by AMERICAN REALTY OF PSL LLC | $94,900 | |
| Listed by AMERICAN REALTY OF PSL LLC | |||
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MOTIVATED SELLER! BRING YOUR OFFER! Welcome to this beautiful 2019-built 3-bedroom, 2-bath home in Sandhill Shores, a desirable gated 55+ community. This home offers a nice yard and a large covered patio, perfect for relaxing, entertaining, and enjoying the Florida lifestyle. Inside, you'll find a bright, open floor plan with a spacious kitchen featuring a large center island overlooking the living and dining areas. The generous utility room provides plenty of storage, while the attached covered carport and 10' x 10' storage shed offer additional convenience. Enjoy everything Sandhill Shores has to offer, including a swimming pool, fitness center, billiards, ping pong, and a full calendar of community activities. The clubhouse is conveniently located just a one-minute walk from the home. The $785/month land lease includes community amenities and maintenance of the common areas. No property taxes and no HOA fees! Conveniently located just minutes from shopping, dining, and medical facilities and less than 8 miles from the beach. Come see this well-maintained home with a nice yard, large covered patio, and excellent location within Sandhill Shores.
Some photos have been AI generated.
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| Mar 21, 2025 | Price Decreased |
$119,900
↓ $20K
(14.1%) | |
| Price Decreased | |||
Property Highlights
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About Fort Pierce
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$10,000 /mo
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- 1,870 ft²
$1,700 /mo
- 2 Beds
- 2 Baths
- 1,120 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017