000 Eau Gallie Boulevard W
About This Property
Zoned C-P City of melbourne
Water and sewer to the site
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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 |
|---|---|---|---|
| Dec 7, 2016 | Sold | ||
| Sold | |||
| Dec 6, 2016 | Listed by One Sotheby's International | $1,250,000 | |
| Listed by One Sotheby's International | |||
| Aug 30, 2012 | Sold | ||
| Sold | |||
| Mar 17, 2009 | Listed by One Sotheby's International | $475,000 | |
| Listed by One Sotheby's International | |||
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Commercially zoned, high and dry lot. Water and sewer to the site. Located on the corner of Eau Gallie Blvd. and Casalina Blvd. Off site retention increases the amount of square footage available for development.
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Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 770544
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017