8311 Indrio Road
About This Property
An entertainer's dream, the outdoor oasis features a recently renovated pool and expansive paver deck perfect for summer parties. The covered cabana elevates outdoor living with a bar area, outdoor shower, and two half baths. Inside, natural light floods through massive windows, highlighting 5 oversized bedrooms, 4 full baths, and a half bath.
Unwind in your private library, or host guests in the game room overlooking the pool. Multi-level balconies offer stunning front-row seats to both sunrises and sunsets. Functional needs are met with a massive 25x27 main-floor workshop or storage room, plus a huge circular driveway for guest parking. Upgrades include a brand-new roof (2024) and 4 new A/C units within the last 3 years. This estate truly has it all!
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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 |
|---|---|---|---|
| Sep 25, 2026 | Sold | ||
| Sold | |||
| Aug 30, 2026 | In contract | - | |
| In contract | |||
| Jul 7, 2026 | Listed by Keller Williams Rlty Vero Bch | $1,399,000 | |
| Listed by Keller Williams Rlty Vero Bch | |||
Property Highlights
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About St. Lucie
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017