4
Map
5709 Myrtle 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 13, 2024 | Sold | ||
| Sold | |||
| Aug 22, 2024 | In contract | - | |
| In contract | |||
| Aug 16, 2024 | Listed by EXP Realty LLC | $75,000 | |
| Listed by EXP Realty LLC | |||
| | |||
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Build your dream home in Indian River Estates. Unincorporated St Lucie County, no city taxes. This optional HOA neighborhood takes pride in their homes and has many community events, a park with a playground and walking trail around the lake. Very close to Savannas Preserve State Park, and multimillion-dollar homes on scenic Indian River Drive. Conveniently located East of US1 near Port St. Lucie with easy access to I-95. Minutes from beaches, restaurants, shopping, and schools.
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| Aug 14, 2024 | No longer available | - | |
| No longer available | |||
| Jul 28, 2024 | Price Decreased |
$69,999
↓ $5K
(6.7%) | |
| Price Decreased | |||
Property Highlights
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About Indian River Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017