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105 3rd Avenue
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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 |
|---|---|---|---|
| Aug 1, 2024 | Sold | ||
| Sold | |||
| Jun 23, 2024 | In contract | - | |
| In contract | |||
| Jun 19, 2024 | Price Decreased |
$725,000
↓ $25K
(3.3%) | |
| Price Decreased | |||
| May 1, 2024 | Listed by Compass Florida, LLC | $750,000 | |
| Listed by Compass Florida, LLC | |||
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Welcome to, ''Florblanca'', the 1st house from the beach where the charm of a California beach bungalow meets the bliss of ocean living. In 2021, this home underwent a complete renovation all while preserving its charming exterior and enhancing it with modern touches. The interior was taken down to the studs & boasts new windows, roof, AC's and water heaters. The main residence features an open, sunlit floor plan with two cozy bedrooms, two full baths & a large laundry room. The detached air-conditioned garage/casita includes a full bath & is plumbed for a kitchenette.The extended driveway is ideal for boat/RV parking.Enjoy the maintenance-free landscaping featuring artificial turf & a putting green. No HOA! Located directly across from the beach & Nance Park, you're perfectly placed to dive into local events, & walk to nearby cafes, shops, fitness centers & A-rated schools.Come & experience the simple, serene Florida lifestyle in the heart of Indialantic at ''Florblanca''
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| Nov 1, 2021 | Listed by Compass Florida, LLC | $510,000 | |
| Listed by Compass Florida, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017