5711 Constellation Drive
About This Property
Located within one of the area's most thoughtfully designed master-planned lifestyle communities. Featuring seven luxury custom home builders to choose from who can bring your vision to life. Access to planned amenities include a two-story clubhouse, resort-style pool, fitness center, pickleball and tennis courts, a dog park, miles of sidewalks and walking trails, a playground, a planned on-site marina, a planned community pier, and a future town center featuring an upscale grocery, restaurants, and shopping. Enjoy front-row views of Kennedy Space Center rocket launches while being conveniently located just off the NASA Causeway, with easy access to major roadways, nearby beaches, and international airports for effortless daily living and travel.
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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 |
|---|---|---|---|
| Apr 23, 2026 | Sold | ||
| Sold | |||
| Mar 11, 2026 | In contract | - | |
| In contract | |||
| Nov 19, 2025 | Listed by South Shore Development, Inc | $375,000 | |
| Listed by South Shore Development, Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017