585 Amber Lane
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 |
|---|---|---|---|
| Jun 2, 2025 | Price Decreased |
$650,000
↓ $25K
(3.7%) | |
| Price Decreased | |||
| Feb 3, 2025 | Listed | $675,000 | |
| Listed | |||
| | |||
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Great space for multi-generational living or live upstairs and use 1st level as AIRBNB - Tucked away in a little fishing village off of Lake Poinsett with access to the St John's River, you will find this amazing custom built Key West style home.
Water features - launch your canoe from your back yard and paddle to the lake or launch your boat from the community boat launch ramp.
Built in '04, this 2 story home has a total of 4716 SF with 3254 SF under air.
Enter the home through the double doors walking into the foyer which grants access to the upstairs living area, the hydraulic powered elevator and the ground floor family room / entertainment area that includes a full bathroom, a sauna and french doors leading onto the screened in lanai / pool area. The entertainment room also includes access to the rear covered patio and the oversized 3 car garage with ceilings high enough for your RV or boat.
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| Jul 1, 2022 | Sold | ||
| Sold | |||
| May 9, 2022 | Listed by Compass Florida LLC | $599,000 | |
| Listed by Compass Florida LLC | |||
| Jun 11, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017