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1030 Cable Lane NE
About This Property
Inside, natural light fills the open living spaces. The kitchen flows right into the dining and living areas... perfect for laid-back nights or hosting friends. 2023 roof, 2022 HVAC, 2024 water heater, plus city water and sewer for easy living with no drama.
Step out back and the fun really starts... a screened pool for endless summer days, plenty of yard for pets or gardening, and no HOA telling you what to do. Irrigation is on a well to keep your lawn green year-round. Seller's disclosure shows a well-maintained home, no history of water intrusion or structural issues.
All this, just minutes to parks, shopping, river access, downtown Melbourne, and the beaches. Whether you're looking to chill poolside, invest, or make this your first Florida home, this address hits different.
Showings by appointment, come see what Cable Lane is all about.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017