9240 Marsh Island Drive
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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 |
|---|---|---|---|
| Jun 3, 2022 | Sold | ||
| Sold | |||
| May 28, 2021 | Sold | ||
| Sold | |||
| Jan 27, 2020 | Listed by Gulfstream Properties | $368,000 | |
| Listed by Gulfstream Properties | |||
| Jan 25, 2012 | Listed by Treasure Coast Sotheby's Intl | $599,000 | |
| Listed by Treasure Coast Sotheby's Intl | |||
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Surround yourself in the beauty Marsh Island. W/a total of only 32 residences this community has it's own Concierge Marina & Clubhouse which has deep water dockage & direct inter coastal access. Homesite has panoramic views of the inter coastal & Indian River lagoon along with east views from the back of the homesite. Forever protected by one of the oldest National Wildlife Preserve's.
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About Vero Beach
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$6,800 /mo
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$4,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017