1008 Hazelwood Drive
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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 30, 2020 | No longer available | - | |
| No longer available | |||
| Nov 3, 2020 | Listed | $159,000 | |
| Listed | |||
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Brand NEW updated kitchen with vinyl plank flooring, stainless steel appliances, new cabinets and tile backsplash. This cute bungalow w/1 car garage and separate laundry/utility room boasts hardwood floors, spacious eat-in kitchen, updated full bath and fully fenced yard. Roof new in August 2016. This affordable home is the perfect winter retreat, investment property or retirement home in the heart of Melbourne close to shopping, medical facilities, restaurants & much more. The manager has listed the unit size as 1120 square feet.
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| Sep 25, 2020 | No longer available | - | |
| No longer available | |||
| Aug 26, 2020 | Relisted | $115,000 | |
| Relisted | |||
| Aug 21, 2020 | No longer available | - | |
| No longer available | |||
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About Melbourne
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017