Your private country estate awaits! 9.59 fenced acres in Vero
Beach, built in 2022, this 5BR/3.5BA custom home boasts 4506 sq ft
of luxury. Enjoy exquisite woodwork, coffered ceilings, custom
cabinetry, quartz countertops and a stunning primary retreat.
Entertain in style with a resort-inspired pool, spa, sun shelf,
sunken seating area and expansive covered lanais. An attached 3-car
garage, plus 50x60 pole barn, 30x50 enclosed barn, and fenced
animal areas complete this extraordinary blend of luxury, privacy
and country living!
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.
Legal Description 1:
INDIAN RIVER FARMS COMPANY S/D PBS 2-25 SEC 8 TWP 33 S RNG 39 E TR 14 BEING MORE PART DESC AS FOLL: BEG AT THE NE COR OF SAID TR 14; TH S00-21-52W ALONG THE E LINE OF TR 14 A DIST OF 1293.74 FT TO A POINT ON A LINE WHICH IS 60 FT N OF THE S LINE OF T
Neighborhood
School District Name:
Indian River County School District
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