5602 Myrtle Drive
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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 |
|---|---|---|---|
| Nov 19, 2019 | No longer available | - | |
| No longer available | |||
| Aug 5, 2019 | Price Decreased |
$219,000
↓ $9K
(4%) | |
| Price Decreased | |||
| Jun 16, 2019 | Price Decreased |
$228,000
↓ $4K
(1.9%) | |
| Price Decreased | |||
| Jun 5, 2019 | Price Decreased |
$232,400
↓ $5K
(2.1%) | |
| Price Decreased | |||
| May 16, 2019 | Listed | $237,400 | |
| Listed | |||
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Not to be missed! This spacious 3/2 home features a Brand New A/C, Brand New impact rated garage door and Brand New laminate flooring. This split plan home has plenty of room for everyone. Over-sized family room, living room, dining area and screened in porch overlooking large fenced backyard. Separate laundry room. Bring your boat, RV, ATV -- you can have it all living in desirable Indian River Estates! Minutes to the beaches, shopping and everything St. Lucie County has to offer. Please note that taxes do not include Homestead Exemption Discount. The manager has listed the unit size as 2118 square feet.
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About Indian River Estates
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Currently no similar homes aroundNearby Rentals
$4,795 /mo
- 1 Bed
- 1,011 ft²
$2,300 /mo
- 3 Beds
- 2 Baths
- 1,142 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017