$356,500
●
House -
Off Market
3 Beds
2 Baths
1,662 Ft²
$2,348
Est. Monthly
$210
HOA / Fees
About This Property
2023-Built CBS 3BR/2BA in The Cove at Falcon Trace!
Beautifully maintained home with an expansive private backyard-perfect for a pool. Open floor plan features a spacious kitchen with white cabinets, granite counters, SS appliances, large island & pantry. Split bedrooms, tile throughout, and a primary suite with walk-in closet & tiled shower. Enjoy the oversized covered lanai plus community pool & cabanas. Low HOA, landscaping included. Close to beaches, shopping & dining-Florida living at its best! rmszappr&sub2err
Beautifully maintained home with an expansive private backyard-perfect for a pool. Open floor plan features a spacious kitchen with white cabinets, granite counters, SS appliances, large island & pantry. Split bedrooms, tile throughout, and a primary suite with walk-in closet & tiled shower. Enjoy the oversized covered lanai plus community pool & cabanas. Low HOA, landscaping included. Close to beaches, shopping & dining-Florida living at its best! rmszappr&sub2err
Unit Size
1,662 Ft²
Days on Market
72 days
Land Size
0.28 acres
Price per sqft
$222
Property Type
House
Property Taxes
$326
HOA Dues
$210
Year Built
-
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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: 2 years ago (Indian River #290279)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 24, 2025 | Sold | ||
| Sold | |||
| Sep 25, 2025 | In contract | - | |
| In contract | |||
| Aug 13, 2025 | Listed by Dale Sorensen Real Estate Inc. | $369,000 | |
| Listed by Dale Sorensen Real Estate Inc. | |||
Property Highlights
Air Conditioning
Garage
Parking Details
Has Garage
Parking Features: Garage, Garage Door Opener, Paver Block
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Pantry, Walk-In Closet(s), SplitBedrooms
Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
Flooring Type: Carpet, Tile
Door Features: Sliding Doors
Laundry Features: Laundry Room
Rooms: 7
Exterior Details
Square Footage: 1662
Square Footage Source: $0
Security Features: Gated Community, Smoke Detector(s)
Architectural Style: OneStory
Year Built: 2023
Waterfront Features: None
Levels: One
Window Features: Tinted Windows, SingleHung
Construction Materials: Block, Concrete, Stucco
Pool Features: Community, Pool
Pool is Private
Lot Features: Few Trees, QuarterToHalfAcreLot
Lot Size Area: 0.28
Lot Size Units: Acres
Lot Size Acres: 0.28
Lot Size Square Feet: 12196.8
Lot Size Dimensions: 70x220
Tax Lot: 125
Water Source: Public
Financial Details
Tax Assessed Value: $309,262
Tax Annual Amount: $3,910
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : CountySewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, CommonAreas, RecreationFacilities, ReserveFund
HOA/Condo/Coop Amenities: DuesPaidQuarterly
HOA Fee: $210
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
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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: Scott A Mazmanian, Dale Sorensen Real Estate Inc.
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 290279
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 290279
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