23
Map
925 Derby Lane
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 25, 2025 | Sold | ||
| Sold | |||
| Jun 13, 2025 | In contract | - | |
| In contract | |||
| Apr 22, 2025 | Price Decreased |
$964,000
↓ $20K
(2%) | |
| Price Decreased | |||
| Mar 27, 2025 | Listed by Florida East Coast Real Estate | $984,000 | |
| Listed by Florida East Coast Real Estate | |||
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Royal Lakes Estates, a hidden gem of 1 acre homes. Peaceful easy living just minutes from town & Viera shopping, dining, VA Clinic, Viera Hospital at unbeatable price! This gated community is perfect for walking, bike riding or fishing from the private lake's dock. Open floor plan can easily accommodate your lifestyle, be it multi-generational living, a large family, working from home or entertaining. Primary Suite has an additional room that could serve as a sitting room, or office. Built as a Safe Room, the large bath has a walk-in shower & whirlpool tub. Second ensuite bedroom perfect for in-laws, or guests, plus two additional bedrooms. Chef's kitchen with induction cook top, double oven, cabinets with pull out storage & Butler's Pantry. 976 sq ft garage easily accommodates 3 cars & more. Screened lanai with 38'x16' lap pool w/new led mood lighting, paver deck & covered patio area. EZ drive to SpaceX, Blue Origin, NASA, Patrick Space Base, Orlando OIA, Beaches, I95, US1.
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| Jul 15, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017