5905 Hickory Drive
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%.
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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.
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 13, 2023 | Sold | ||
| Sold | |||
| Oct 30, 2023 | No longer available | - | |
| No longer available | |||
| Aug 30, 2023 | Listed by RE/MAX Select Group | $349,000 | |
| Listed by RE/MAX Select Group | |||
| | |||
|
Charming and unique 2/2/2 with a flex room on 1/2 acre with fenced back. This spacious corner lot features lush landscaping and privacy, bring you boat & etc. The home features a 2020 metal roof, 2020 AC, updated kitchen and bathrooms. Tile floor throughout with a beautiful step down living room, formal dining, large kitchen with plenty of cabinets, a flex room could be a 3rd bedroom, large screened patio. Centrally located to the beach, the river, Savanna preserves, shopping & dining.
| |||
| Jul 15, 2023 | Price Decreased |
$349,999
↓ $15K
(4.1%) | |
| Price Decreased | |||
| Jul 11, 2023 | Relisted | $365,000 | |
| Relisted | |||
Property Highlights
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About Indian River Estates
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Currently no similar homes aroundNearby Rentals
$10,000 /mo
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$2,300 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017