$812,500
●
House -
Off Market
3 Beds
2 Baths,
1
Half Bath
2,221 Ft²
$5,101
Est. Monthly
1.62%
Cap Rate
About This Property
Private 2.5 acre estate designed for every passion! Car enthusiasts
rejoice with a 2400sf insulated metal garage w/electric & car lift!
A detached workshop calls to the hobbyist. Inside, generous spaces
unfold w/exciting architecture including tray ceilings, arched
doorways, decorative plant shelves, wood flooring. The generous
kitchen has '22 SS appls, glass accent doors, granite counters
w/plenty of space for entertaining crowds. Enjoy Florida living on
2 screened porches w/tongue and groove ceilings, plus a refreshing
screened pool & spa. Newer '24 AC & septic system ensure peace of
mind.
Unit Size
2,221 Ft²
Days on Market
167 days
Land Size
2.50 acres
Price per sqft
$405
Property Type
House
Property Taxes
$681
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 10 months ago (Indian River #289227)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 15, 2025 | Sold | ||
| Sold | |||
| Nov 4, 2025 | In contract | - | |
| In contract | |||
| Aug 26, 2025 | Price Decreased |
$900,000
↓ $75K
(7.7%) | |
| Price Decreased | |||
| Jul 1, 2025 | Listed by Compass Florida LLC | $975,000 | |
| Listed by Compass Florida LLC | |||
Property Highlights
Air Conditioning
Garage
Parking Details
Has Garage
Parking Features: Attached, Detached, Garage
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: High Ceilings, Pantry, Walk-In Closet(s), SplitBedrooms, Skylights, FrenchDoorsAtriumDoors
Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator, Water Softener Owned, Washer
Flooring Type: Tile, Wood
Door Features: French Doors
Laundry Features: In Unit
Rooms: 8
Exterior Details
Square Footage: 2221
Square Footage Source: $0
Security Features: Gated Community, Smoke Detector(s)
Architectural Style: OneStory
Year Built: 2008
Waterfront Features: None
Levels: One
Window Features: Blinds, Skylight(s), SingleHung
Construction Materials: Brick, Other, Stucco
Patio and Porch Features: Patio, Porch, Screened
Pool Features: Electric Heat, Heated, Other, Private, Screen Enclosure, FreeForm, Pool
Pool is Private
Lot Features: Few Trees, OneToThreeAcres
Lot Size Area: 2.5
Lot Size Units: Acres
Lot Size Acres: 2.5
Lot Size Square Feet: 108900
Lot Size Dimensions: 311x352
Tax Lot: 14
Water Source: Well
Financial Details
Tax Assessed Value: $596,340
Tax Annual Amount: $8,172
Utilities Details
Cooling Type: Central Air, Electric, TwoUnits
Heating Type: Central, Electric, MultipleHeatingUnits
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: None
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|
Similar Homes for Sale
Currently no similar homes around
Listed by: Michelle L Moss, Compass Florida LLC
Last Updated: 10 months ago
Data Source: RAIRC, MLS# 289227
Last Updated: 10 months ago
Data Source: RAIRC, MLS# 289227
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