5670 59th Terrace
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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%.
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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.
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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, 2024 | No longer available | - | |
| No longer available | |||
| Oct 15, 2024 | Sold | ||
| Sold | |||
| Mar 14, 2024 | Listed by One Sotheby's Int'l Realty | $648,000 | |
| Listed by One Sotheby's Int'l Realty | |||
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SELLER SAYS BRING ALL REASONABLE OFFERS. Classic Spanish style Mediterranean compound located in Indian River Farms. The possibilities are endless in this spacious/unique 5/4.5 (w/dtached inlaw suite, separate ent.). Perfect for a multi generational/large family. Sitting on 1.2 acres, this heated pool & spa, pond hm boast many Spanish style touches. From the barrel tile roof, to the Spanish tile floors, decorative tile in the pool, kitchen & baths. Large detached 3 car garage, 2021 HWH, great tropical outdoor spaces, close to town & a private gated driveway. This is an entertainers dream home!
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| Dec 10, 2018 | Sold | ||
| Sold | |||
| Oct 25, 2018 | Listed by Billero & Billero Properties | $449,500 | |
| Listed by Billero & Billero Properties | |||
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About Indian River
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017