5711 Myrtle Drive
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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 11, 2026 | Sold | ||
| Sold | |||
| Feb 23, 2026 | In contract | - | |
| In contract | |||
| Oct 13, 2025 | Listed by Keller Williams Realty of PSL | $440,000 | |
| Listed by Keller Williams Realty of PSL | |||
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NEW CONSTRUCTION, INDIAN RIVER ESTATES AREA....READY AND WAITING FOR YOU!! 4 BEDROOMS, 2 BATHS, 2 CAR GARAGE. Custom built with 1900 Sq. Ft. living area and 2514 total. You will find here quality construction with beautiful ceramic tile throughout, quartz counter tops in kitchen and baths, tray ceilings, elegant bathroom with tiled showers, two vanities with sinks and garden tub. Large foyer, bright and light great room, ceiling fans and light fixtures already in place, walls with rounded corner, recessed lighting in the kitchen, IMPACT WINDOWS AND METAL ROOF. Marvilla Builders is a private builder with attention to detail. Don't miss your opportunity to call this beauty your home.
SOME PICTURES ARE VIRTUALLY STAGED.
FENCE COMING UP SOON!!
TAKING BACK UP OFFERS!!
| |||
| Mar 14, 2024 | Sold | ||
| Sold | |||
| Feb 21, 2024 | No longer available | - | |
| No longer available | |||
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About Indian River Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017