4
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6265 Bertram Drive
About This Property
Primary suite is a dream...wake up to water views..elegant bath & 2 large walk in closets! Two spacious bedrooms upstairs with access to the open deck. River and canal views abound! Additional relaxing west balcony for sunsets! Enjoy the screened lanai..saltwater pool,spa,fire pits and a feeling of vacation 365 days a year! 12 LBS boat lift, composite decking The upstairs balcony has composite decking as well!! Watch manatees and dolphins in the canal from downstairs or off the upstairs balcony! Close to I-95 and Viera! So much convenience in a vacation setting!
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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 |
|---|---|---|---|
| Oct 20, 2025 | In contract | - | |
| In contract | |||
| Sep 6, 2025 | Price Decreased |
$1,440,000
↓ $45K
(3%) | |
| Price Decreased | |||
| Jul 20, 2025 | Price Decreased |
$1,485,000
↓ $110K
(6.9%) | |
| Price Decreased | |||
| Jul 2, 2025 | Price Decreased |
$1,595,000
↓ $45K
(2.7%) | |
| Price Decreased | |||
| Jun 15, 2025 | Price Decreased |
$1,640,000
↓ $50K
(3%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Price/ft²
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About South Indian River Isles
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017