5904 Birch Drive
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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%.
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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.
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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 1, 2017 | Sold | ||
| Sold | |||
| Jul 1, 2017 | Listed by Atlantic Shores ERA Powered | $229,900 | |
| Listed by Atlantic Shores ERA Powered | |||
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** MULTIPLE OFFERS RECEIVED - HIGHEST AND BEST DUE BY JUL 5, 10 AM **Country quiet within minutes of beaches, US 1 and I95 access this 3bdrm CBS home is located conveniently on a larger corner lot. High ceilings in the living area and kitchen with skylights, great room with semi-formal dining area. Kitchen offers new cabinets, granite and newer appliances, pass thru wide windows open from the kitchen sink area to the screened Lanai. Enjoy good sized bedrooms, guest bath opens to Lanai. Huge master with shower and walk in closet. Large outdoor space on Lanai is great for entertaining, workshop/storage shed out back perfect for the hobbyist or outdoor toys. Fenced backyard, easy access if you have a boat or RV. Fireplace built for gas use, but not used in years.
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| Apr 22, 2016 | Sold | ||
| Sold | |||
| Feb 25, 2016 | Listed by BEX Realty, LLC | $144,500 | |
| Listed by BEX Realty, LLC | |||
| Dec 16, 2015 | Sold | ||
| Sold | |||
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About Indian River Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017