605 Outer 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%.
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 |
|---|---|---|---|
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Jan 8, 2025 | In contract | - | |
| In contract | |||
| Nov 19, 2024 | Listed by EXP Realty, LLC | $215,000 | |
| Listed by EXP Realty, LLC | |||
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Extremely well maintained and has 2 carports!!! A convenient way to park 4 cars. This 2 bedroom, 2 bath home has new flooring throughout with new appliances. New roof in 2022, new AC in 2023 and new Hot Water Heater in 2021. A sunny screened porch on the front of the house to enjoy the Florida weather. A place to park your RV on site. Stop by and see this home in Lost Lakes, a very active 55+ community where you own the land. Are you ready for the Florida Lifestyle? Lost Lakes has everything from a heated pool, large hot tub, clubhouse to play pool or work out. Sit by the lake, play pickleball, or watch all of the rocket launches that are happening on the Space Coast of Florida. Centrally located 30 minutes to the beach, Orlando, and the airport.
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| Jan 20, 2022 | Sold | ||
| Sold | |||
| Dec 18, 2021 | Listed by Florida East Coast Real Estate | $160,000 | |
| Listed by Florida East Coast Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017