5
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000 Unknown
About This Property
campus.
• Total direct frontage on US Highway 1 is approximately 464 feet.
• Zoned BU - General Retail Commercial (Brevard County). This zoning designation is very broad and allows for (but is not limited to) the following uses: office, car wash, food sales, child or adult care facilities, retail uses, post office, schools, theaters boat sales and service, hospitals.
• The traffic count on US Highway 1 is approximately 26,240.
• TID: 2512040 / 2512044 / 2512039
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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 |
|---|---|---|---|
| Aug 20, 2021 | Sold | ||
| Sold | |||
| Jun 3, 2020 | Listed by Dreyer & Associates R.E. Grp. | $499,900 | |
| 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# 876987
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