576 7th Square #101
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 24, 2019 | No longer available | - | |
| No longer available | |||
| Sep 22, 2019 | Price Decreased |
$179,000
↓ $6K
(3.2%) | |
| Price Decreased | |||
| May 24, 2019 | Listed | $185,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/14/2025
|
2 Bed
|
2 Bath
|
1230 ft²
|
$210,000
2 Bed
2 Bath
1230 ft²
|
-
-
|
Wanda DeJesus
Suncoast Realty & Rental Mgmt
| |
|
02/02/2023
|
2 Bed
|
2 Bath
|
-
|
$265,000
2 Bed
2 Bath
|
-
-
|
Alexander J Knight
Alex MacWilliam, Inc.
| |
|
05/24/2019
|
2 Bed
|
2 Bath
|
-
|
$185,000
2 Bed
2 Bath
|
-
-
|
-
| |
|
12/24/2016
|
2 Bed
|
2 Bath
|
1230 ft²
|
$169,000
2 Bed
2 Bath
1230 ft²
|
$162,000
-4.14%
02/06/2017
|
Kim Small
Keller Williams - Vero Beach
| |
|
09/10/2014
|
2 Bed
|
2 Bath
|
-
|
$142,000
2 Bed
2 Bath
|
$133,000
-6.34%
04/17/2015
|
Sally Woods
Dale Sorensen Real Estate Inc.
| |
|
04/03/2012
|
2 Bed
|
2 Bath
|
-
|
$82,000
2 Bed
2 Bath
|
$80,000
-2.44%
11/08/2012
|
Sherri Sproch
RE/MAX Crown Realty
|
Building Info
About Vero Beach South
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