1029 Cranberry Road
About This Property
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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%.
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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 4, 2024 | Sold | ||
| Sold | |||
| Nov 22, 2024 | In contract | - | |
| In contract | |||
| Nov 15, 2024 | Listed by Arium Real Estate, LLC | $275,000 | |
| Listed by Arium Real Estate, LLC | |||
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Welcome to 1029 Cranberry Rd SE, a charming 3-bedroom, 2-bathroom single-family home in the desirable southeast area of Palm Bay, Florida. Built in 2006, this 1,318-square-foot residence features an open floor plan with tile and laminate flooring throughout. The primary bedroom offers an oversized shower and ample closet space, while the split-bedroom layout ensures privacy for all occupants. Additional highlights include a two-car attached garage and an enclosed porch, perfect for relaxation. Situated on a 0.23-acre lot, this home is conveniently located near schools, parks, and shopping centers, making it an ideal choice for families or those looking to downsize.
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| Apr 13, 2006 | Sold | ||
| Sold | |||
| Mar 22, 2004 | Sold | ||
| Sold | |||
Property Highlights
Building Info
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Price/ft²
Listed On
Sold On
About Port Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017