5603 Tangelo 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 |
|---|---|---|---|
| Mar 6, 2026 | Sold | ||
| Sold | |||
| Feb 6, 2026 | In contract | - | |
| In contract | |||
| Jan 26, 2026 | Listed by Water Pointe Realty Group | $95,000 | |
| Listed by Water Pointe Realty Group | |||
| Dec 15, 2022 | No longer available | - | |
| No longer available | |||
| Jun 20, 2022 | Listed by Water Pointe Realty Group of Stuart, Inc. | $120,000 | |
| Listed by Water Pointe Realty Group of Stuart, Inc. | |||
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Indian River Estates vacant lot! Build your dream home in the Estates the very desirable neighborhood as you enter Fort Pierce. This lot sits just under a half acre and very wide so you can build your home and plenty of space to add possibly your extra building/shop for all your toys or just have the additional land for extra privacy. Located at the end of a quiet street.
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About Indian River Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017