1042 Alamanda Lane
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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 |
|---|---|---|---|
| Oct 15, 2025 | Sold | ||
| Sold | |||
| Sep 9, 2025 | In contract | - | |
| In contract | |||
| Aug 27, 2025 | Listed by Empire Network Realty, Inc | $299,900 | |
| Listed by Empire Network Realty, Inc | |||
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This stunning 5-bedroom, 3-bathroom with an In-Law Suite has been completely remodeled in August 2025, offering the perfect blend of modern style and comfort. Step inside and you'll immediately notice the spacious open floor plan and high-quality upgrades throughout. Highlights of the Renovation: Brand-new kitchen cabinets with exquisite quartz countertops, New Electric panel for peace of mind, elegant luxury vinyl flooring throughout, Bathrooms upgraded with luxury tile finishes, New Drains (Cast Iron removed), New Water Lines, New Interior and Exterior Doors, New toilets, interior and exterior paint, and more!! One of the standout features of this property is the In-Law Suite with its own private bathroom and independent entrance — perfect for guests, extended family, or generating rental income. Enjoy the freedom of NO HOA, plenty of space for your lifestyle, and an unbeatable location — just 40 minutes to Orlando and minutes from Cocoa Beach. Enjoy the Space Coast life!
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| Jun 20, 2025 | Sold | ||
| Sold | |||
| Jun 18, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017