5708 BAYSHORE DRIVE
About This Property
If a VOLUNTARY HOA and NO CDD FEES sound appealing, then you will definitely want to schedule a showing at this Oakhurst Shores property. Recent 2025 updates include: a NEW KITCHEN with custom cabinetry, quartz counter tops, and stainless steel appliances; NEW LVP FLOORING throughout; NEW BATHROOMS; NEW INTERIOR/EXTERIOR PAINT; NEW WINDOWS (partial) and a NEW ROOF! The renovations turned out beautifully, modernizing the home without taking away its original character and charm! In addition, the light and bright, open floor plan offers spacious rooms, making furniture placement easy, and day to day living comfortable and relaxing. Outdoor living is also made easy by a LARGE FENCED BACKYARD, BEAUTIFUL POOL WITH PAVER DECK, and ENCLOSED PATIO great for entertaining. And last but not least, a woodturning fireplace, an indoor laundry room, and no 1960's carport, but rather a 2 CAR SIDE ENTRY GARAGE!
Add to these a convenient location for shopping, dining, recreation, medical facilities, airports, and interstate travel, and you have a fantastic place to call home!
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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 |
|---|---|---|---|
| May 8, 2026 | Sold | ||
| Sold | |||
| Apr 11, 2026 | In contract | - | |
| In contract | |||
| Apr 3, 2026 | Listed by COLDWELL BANKER REALTY | $569,900 | |
| Listed by COLDWELL BANKER REALTY | |||
| Aug 12, 2025 | Relisted | $480,000 | |
| Relisted | |||
| Jun 25, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017