$575,000
●
House -
Off Market
3 Beds
3 Baths
2,524 Ft²
$3,352
Est. Monthly
$63
HOA / Fees
About This Property
Discover the ultimate Florida lifestyle in this spacious private
home located in the highly sought-after community of Lake Mandarin.
As you enter, you will find an open layout featuring ctdrl
ceilings that create an airy and expansive feel. Light and
bright, this home affords a lot of natural light, tasteful color
palette, with many designer finishes and custom upgrades including:
enlarged secondary bedrooms, Impact Windows, Tile throughout,
Gourmet Kitchen with upgraded SS Profile Appliances. Enjoy
the serene outdoor space and beautiful sunsets with your private
screened in lanai.
Unit Size
2,524 Ft²
Days on Market
133 days
Land Size
-
Price per sqft
$237
Property Type
House
Property Taxes
$352
HOA Dues
$63
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 #289173)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 30, 2025 | Sold | ||
| Sold | |||
| Sep 27, 2025 | In contract | - | |
| In contract | |||
| Sep 5, 2025 | Price Decreased |
$598,000
↓ $14K
(2.3%) | |
| Price Decreased | |||
| Jun 19, 2025 | Listed by Weichert REALTORS Hallmark-VB | $612,000 | |
| Listed by Weichert REALTORS Hallmark-VB | |||
Property Highlights
Air Conditioning
Garage
Parking Details
Has Garage
Parking Features: Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Crown Molding, High Ceilings, Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s), ClosetCabinetry, SplitBedrooms
Appliances: Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Wine Cooler, BuiltInOven
Flooring Type: Tile
Laundry Features: Laundry Room
Rooms: 7
Exterior Details
Square Footage: 2524
Square Footage Source: $0
Security Features: Smoke Detector(s)
Architectural Style: OneStory
Year Built: 2015
Waterfront Features: Lake Front, Pond
Levels: One
Window Features: Blinds
Construction Materials: Block, Concrete
Patio and Porch Features: Patio, Screened
Pool Features: None, Community
Pool is Private
Lot Features: LessThanQuarterAcre
Lot Size Units: Acres
Lot Size Dimensions: 10, 019
Tax Lot: 45
Water Source: Public
Financial Details
Tax Assessed Value: $331,137
Tax Annual Amount: $4,218
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: RecreationFacilities
HOA/Condo/Coop Amenities: DuesPaidMonthly
HOA Fee: $63
HOA Fee Frequency: Monthly
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 |
|---|
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Listed by: Malissa A Bellavigna, Weichert REALTORS Hallmark-VB
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 289173
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 289173
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