19
Map
7860 97th Avenue
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 |
|---|---|---|---|
| Aug 1, 2025 | No longer available | - | |
| No longer available | |||
| Aug 1, 2025 | Sold | ||
| Sold | |||
| Jun 30, 2025 | In contract | - | |
| In contract | |||
| May 16, 2025 | Listed by LGI Realty - Florida, LLC | $347,900 | |
| Listed by LGI Realty - Florida, LLC | |||
| | |||
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Ask us about our purchase incentives including builder paid closing costs! Located in the exceptional town of Vero Beach in Vero Lake Estates, the Caladesi plan is a spacious open-concept floor plan perfect for every family gathering. You'll enjoy the chef-ready kitchen which features a beautiful island perfect for hosting, granite countertops and stainless steel appliances. The grand walk-in pantry can be filled with everyone's favorite snacks. Each bedroom is off a hallway which provides privacy and allows for peaceful and quiet relaxation after a long day for everyone in the family.
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| Apr 3, 2025 | Listed by LGI Realty- Florida, LLC | $347,900 | |
| Listed by LGI Realty- Florida, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017