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About This Property
of commercially zoned property just off the corner of Grissom and Camp Rd.,
Brevard County Florida. Grissom Blvd -Camp Road and the surrounding area is
experiencing some tremendous commercial and residential growth due to
Amazon's commitment to the Grissom Road Corridor South East of the site and the
huge amount of High Tech and Aerospace jobs coming into North Cocoa and the
Titusville-Space Center to the North; all making the property and surrounding area
a great choice for future development.
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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 |
|---|---|---|---|
| Feb 3, 2023 | Sold | ||
| Sold | |||
| Mar 17, 2022 | Listed by Dreyer & Associates R.E. Grp. | $295,000 | |
| Listed by Dreyer & Associates R.E. Grp. | |||
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| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|
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Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 930578
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Address: 335 Madison Avenue, New York, NY 10017