1
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8435 Patterson 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 |
|---|---|---|---|
| May 12, 2024 | No longer available | - | |
| No longer available | |||
| Nov 15, 2023 | Listed by Dale Sorensen Real Estate, Inc. | $65,000 | |
| Listed by Dale Sorensen Real Estate, Inc. | |||
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|
Perfect opportunity to build the home you always wanted to, located in a very quiet neighborhood in Sebastian. This property has been cleared and is ready to go! Soil test, survey and home plans also available
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| Apr 21, 2023 | No longer available | - | |
| No longer available | |||
| Oct 8, 2022 | Listed by Keller Williams Realty of Vero Beach | $62,500 | |
| Listed by Keller Williams Realty of Vero Beach | |||
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|
Amazing opportunity to build your dream home in desirable Sebastian FL! Neighboring lot must be purchased aswell MLS263249. Combined oversized lot totaling over half an acre perfect for privacy or additional buildingroom! Build a garage for your boat/RV or a separate mother in-law suite! No city taxes plus well & septic means nowater bill! Soil tests, survey, & blueprint available!
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| Mar 23, 2022 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Indian River
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017