625 Caribbean Road
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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 16, 2025 | Sold | ||
| Sold | |||
| Apr 7, 2025 | In contract | - | |
| In contract | |||
| Mar 27, 2025 | Listed by Compass Florida, LLC | $600,000 | |
| Listed by Compass Florida, LLC | |||
| | |||
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Steps from the ocean and river, this 4-bed, 2-bath home is ready for its next chapter. The remodeled kitchen steals the show with quartz countertops, white shaker cabinetry, stainless steel appliances, and a sleek tile backsplash. A pass-through window and extended counter to the lanai make entertaining effortless—serve drinks, chat with guests, and soak in the breeze. The expansive screened lanai is made for morning coffee or evening gatherings, overlooking a huge backyard with endless possibilities—garden, play, or build the pool you've always wanted. The split-bedroom layout keeps the primary suite private, complete with dual closets (one walk-in) and an en-suite bath with a step-in shower. The updated second bath leads right to the lanai, making it perfect for outdoor fun. A dedicated laundry room, newer water heater, and mix of tile and plush carpeting add everyday ease. This is more than a house—it's a place to live, relax, and enjoy the best of coastal life.
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| Mar 12, 2014 | Sold | ||
| Sold | |||
| Jan 15, 2014 | Listed by RE/MAX Elite | $250,000 | |
| Listed by RE/MAX Elite | |||
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About De Soto Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017