8615 Indian River
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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%.
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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 5, 2024 | Sold | ||
| Sold | |||
| Jun 22, 2024 | Listed by Sandals Realty Group, Inc. | $475,000 | |
| Listed by Sandals Realty Group, Inc. | |||
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Great location in Waterchase West!
Lakefront home with 3 bedroom, 2 baths and expansive views. Kitchen has granite and stainless steel appliances. Primary suite has a double door entry, walk in closet, double sink vanity and walk in shower. Main living area has French doors leading out onto the covered and screened patio with peaceful lake view, which is perfect for relaxing or entertaining. Tile and laminate throughout. Storm shutters on all openings. Roof 2018, A/C 2018, water heater 2020, dishwasher 2022 and washer 2023. Only 2 homes from the community pool, tennis and basketball makes it an easy walk to enjoy the rec center. Great schools are close by: Crystal Lakes Elementary, Christa McAuliffe Middle, Park Vista High School.
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| Jan 23, 2020 | Sold | ||
| Sold | |||
| Oct 28, 2019 | Listed by Berkshire Hathaway Florida Realty | $269,900 | |
| Listed by Berkshire Hathaway Florida Realty | |||
| Dec 4, 2012 | Sold | ||
| Sold | |||
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About Tartan Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017