38
Map
787 SE 25th Drive
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 |
|---|---|---|---|
| Feb 13, 2025 | Sold | ||
| Sold | |||
| Jan 11, 2025 | In contract | - | |
| In contract | |||
| Jan 5, 2025 | Listed by Real Estate of Florida | $289,999 | |
| Listed by Real Estate of Florida | |||
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COME TAKE A LOOK AT THIS 2023 BUILT 3/2/2 HOME IN THE GREAT GATED COMMUNITY OF PALM CREEK IN OKEECHOBEE. SPLIT BEDROOM FLOOR PLAN WITH A SEPARATE DINING AREA THAT COULD BE USED AS AN OFFICE SPACE. WONDERFUL SMALL COMMUNITY WITH A LAKE AND A COMMUNITY POOL. CLOSE TO SHOPS AND RESTAURANTS AND SHORT DRIVE TO LAKE OKEECHOBEE TO ENJOY THE WALKING/BIKING TRAIL OR FISHING ON THE PIER.
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| Apr 19, 2024 | Sold | ||
| Sold | |||
| Mar 23, 2024 | In contract | - | |
| In contract | |||
Property Highlights
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About Okeechobee
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017