0 Bryan
About This Property
New home being constructed next door to the north. Sewer and water available from the City of Melbourne but must be installed to site. Consult your builder for cost.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 15, 2016 | Sold | ||
| Sold | |||
| Jun 25, 2013 | Listed by One Sotheby's International | $65,000 | |
| Listed by One Sotheby's International | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017