Factor in cap rate analysis, financing, common charges
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Price History
Amenities
Neighborhood
$365,000
●
House -
Off Market
Vero Beach, FL
3 Beds
2 Baths
1,554 Ft²
$2,653
Est. Monthly
$414
HOA / Fees
About This Property
Price reduced! This home features quartz countertops in the
kitchen, bathrooms and laundry room! Window treatments are a
motorized window blinds and plantation shutter combination. Other
upgrades include 2023 Daiken AC system, 2024 water heater, reverse
osmosis water system, accordion shutters, 42 inch kitchen cabinets,
Bioshield air purifier, 2023 SS appliances, hurricane garage door,
safe room and an open floor-plan. Community amenities include
pickle-ball, clubhouse, fitness room, cable TV, lawn-care and
security.
Unit Size
1,554 Ft²
Days on Market
198 days
Land Size
-
Price per sqft
$246
Property Type
House
Property Taxes
$359
HOA Dues
$414
Year Built
-
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Cap Rate Calculator
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IncomePer Year
ExpensesPer Year
Operating ProfitPer Year
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.
Parking Features: Attached, Driveway, Garage, Garage Door Opener, Paver Block
Garage Spaces: 2
Garage Spaces: 2
Interior Details
Bedrooms: 3
Full Bathrooms: 2
Levels: One
Interior Features: High Ceilings
Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
Flooring Type: Tile
Living Area Square Feet Source: Appraiser
Doors: Sliding Doors
Laundry Features: Washer Hookup, Dryer Hookup, Laundry Room, In Unit
Rooms: 7
Exterior Details
Year Built: 2011
Parcel Number: 32392100010000000158.0
Waterfront Features: None
Home Type: Residential
Architectural Style: One Story
Roof: Tile
Window Features: Window Treatments
Construction Materials: Block, Concrete, Stucco
Outdoor Living Structures: Patio, Screened
Pool Features: Free Form, Other, Pool, Community
Lot Information: Less Than Quarter Acre
Lot Size Dimensions: .12
Land Assessed Value: $0
Financial Details
Tax Assessed Value: $336,066
Tax Year: 2023
Tax Annual Amount: $4,303
Utilities Details
Cooling Type: Central Air, One Unit
Heating Type: Central
Location Details
Association Fee Includes: CommonAreas, CableTv, MaintenanceGrounds, Pools, RecreationFacilities, Security
Association Fee: $414
Association Fee Frequency: Monthly
Community Features: Clubhouse, Fitness, Other, Playground, Property Manager On Site, Sidewalks, Gutters, Pool
Security Features: Security System Owned, Gated Community, Motion Detectors
Subdivision: Isles at Waterway Village
Subdivision Name: Isles at Waterway Village
Directions: Directions: From 58th Av, head east on 53rd St, then take right onto Waterway Village Blvd. Take the 3rd right onto Corsica and following for .4 of a mile. The home is on the right.
Other Details
Listing Terms: Cash, FHA, NewLoan, VaLoan
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