$415,000
●
House -
Off Market
655 38th Court
Vero Beach, FL 32968
4 Beds
2 Baths
2,187 Ft²
$2,357
Est. Monthly
$42
HOA / Fees
7.80%
Cap Rate
About This Property
Woodbridge Estates is an intimate gated community with mature
landscaping and consisting of only 58 homes in the heart of Vero
Beach. As your enter the community, you will notice the custom
built homes on spacious lots. This home has been cared for and is
ready for the next family to move in. With an open floor plan,
vaulted ceilings, and spacious bedrooms. The large screened in
lanai is 40 x 10. Upgrades to include remodeled kitchen, exterior
painted, new roof, AC, driveway. You are centrally located to the
beach, shopping, restaurants and downtown.Financing fell through.
Inspections are complete.
Unit Size
2,187 Ft²
Days on Market
88 days
Land Size
-
Price per sqft
$194
Property Type
House
Property Taxes
$227
HOA Dues
$42
Year Built
2002
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 months ago (Beaches MLS #F10427432)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| Apr 4, 2024 | In contract | - | |
| In contract | |||
| Mar 23, 2024 | Relisted | $425,000 | |
| Relisted | |||
| Mar 22, 2024 | In contract | - | |
| In contract | |||
| Mar 4, 2024 | Listed by M&M Realty | $425,000 | |
| Listed by M&M Realty | |||
| | |||
|
Woodbridge Estates is an intimate gated community with mature landscaping and consisting of only 58 homes in the heart of Vero Beach. As your enter the community, you will notice the custom built homes on spacious lots. This home has been cared for and is ready for the next family to move in. With an open floor plan, vaulted ceilings, and spacious bedrooms. The large screened in lanai is 40 x 10. Upgrades to include remodeled kitchen, exterior painted, new roof, AC, driveway. You are centrally located to the beach, shopping, restaurants and downtown.
Financing fell through. Inspections are complete.
| |||
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Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Vero Beach South
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Listed by: Marilee Mintzer
M&M Realty
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# F10427432
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
M&M Realty
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# F10427432
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