605 Caribbean Road
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 |
|---|---|---|---|
| May 19, 2025 | Sold | ||
| Sold | |||
| Apr 18, 2025 | In contract | - | |
| In contract | |||
| Apr 12, 2025 | Price Decreased |
$725,000
↓ $25K
(3.3%) | |
| Price Decreased | |||
| Mar 11, 2025 | Listed by Blue Marlin Real Estate | $750,000 | |
| Listed by Blue Marlin Real Estate | |||
| | |||
|
Welcome to this stunning home situated on a spacious corner lot in Satellite Beach! Just minutes from the Atlantic Ocean and the tranquil Indian River, this beautiful property offers the perfect blend of luxury, comfort, and location.
With fully updated plumbing to PVC, this home has 4 generously sized bedrooms and 3 pristine bathrooms making it perfect for family living and entertaining. The master suite features a spa-like bathroom with a luxurious soaker tub wrapped in exquisite Carrara marble.
The gourmet kitchen is a chef's dream, with floor-to-ceiling cabinetry and Brazilian granite countertops with a sophisticated leather finish. The open layout flows effortlessly into the spacious living areas, creating an ideal space for gatherings.
Step outside to the backyard oasis, where you'll find a recently resurfaced in-ground pool, perfect for relaxing evenings. The newly renovated deck provides space for outdoor dining, lounging and entertaining
| |||
| Nov 30, 2020 | Sold | ||
| Sold | |||
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About De Soto Park
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$2,875 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017