$690,000
●
House -
Off Market
3 Beds
2 Baths
2,031 Ft²
$4,356
Est. Monthly
$218
HOA / Fees
About This Property
WHY WAIT TO BUILD! Almost new custom lakefront home in
beautiful
Fischer Lake Island. This home features a gourmet kitchen and offers quartz counters and separate extra prep sink and island. Fabulous open floor plan offers views of the lake from almost all rooms. The Den/Office can also serve as a formal dining room. HUGE 3 car side entry garage for all your toys is immaculate. This home is like new and priced well below replacement cost. Located in the center of the subdivision at the widest point of the lake and adjacent to 22,000 acres of preserve for lots of privacy. Built by Ameron.
Fischer Lake Island. This home features a gourmet kitchen and offers quartz counters and separate extra prep sink and island. Fabulous open floor plan offers views of the lake from almost all rooms. The Den/Office can also serve as a formal dining room. HUGE 3 car side entry garage for all your toys is immaculate. This home is like new and priced well below replacement cost. Located in the center of the subdivision at the widest point of the lake and adjacent to 22,000 acres of preserve for lots of privacy. Built by Ameron.
Unit Size
2,031 Ft²
Days on Market
151 days
Land Size
-
Price per sqft
$342
Property Type
House
Property Taxes
$725
HOA Dues
$218
Year Built
-
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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: 2 years ago (Indian River #281851)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 3, 2025 | Sold | ||
| Sold | |||
| Jan 13, 2025 | In contract | - | |
| In contract | |||
| Oct 3, 2024 | Listed by RE/MAX Crown Realty | $695,000 | |
| Listed by RE/MAX Crown Realty | |||
Property Highlights
Air Conditioning
Parking Details
Has Garage
Parking Features: Three Car Garage, Three Or More Spaces
Garage Spaces: 3
Garage Spaces: 3
Interior Details
Bedrooms: 3
Full Bathrooms: 2
Levels: One
Interior Features: Attic, Closet Cabinetry, High Ceilings, Kitchen Island, Primary Downstairs, Pull Down Attic Stairs, Walk In Closets, French Doors Atrium Doors
Appliances: Down Draft, Dryer, Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Flooring Type: Tile
Living Area Square Feet Source: Builder
Doors: French Doors, Sliding Doors
Laundry Features: Lower Level, Laundry Tub, In Unit
Rooms: 9
Exterior Details
Year Built: 2022
Parcel Number: 31381400010000100015.0
Waterfront Features: Lake, Pond
Home Type: Residential
Architectural Style: One Story
Roof: Shingle
Window Features: Double Hung
Construction Materials: Block, Concrete
Outdoor Living Structures: Patio, Porch, Screened
Pool Features: Pool, Screen Enclosure, Community
Lot Information: Half To One Acre Lot
Lot Size Dimensions: 110x225
Land Assessed Value: $0
Financial Details
Tax Assessed Value: $565,189
Tax Year: 2023
Tax Annual Amount: $8,699
Utilities Details
Cooling Type: Central Air, Ceiling Fans, Electric
Heating Type: Central, Electric
Location Details
Association Fee Includes: CommonAreas, RecreationFacilities, ReserveFund
Association Fee: $218
Association Fee Frequency: Monthly
Community Features: Clubhouse, Library, Pickleball, Tennis Courts, Gutters, Pool
Security Features: Gated Community, Smoke Detectors
Subdivision: Fischer Lake Isl Sub
Elementary School District: Indian River County Schools
Middle or Junior School District: Indian River County Schools
High School District: Indian River County Schools
Subdivision Name: Fischer Lake Isl Sub
Directions: at the intersection of 510 and 512 go north on Watervliet to subdivision.
Other Details
Listing Terms: Cash, NewLoan
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ft²
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Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|
Similar Homes for Sale
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Listed by: Laura M Petersen, RE/MAX Crown Realty
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 281851
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 281851
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