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1061 Alpine Drive
About This Property
Is spacious and well cared for. Nestled on a nice big lot , in a quiet neighborhood conveniently located to downtown Eau Gallie just a quick 5 minute ride to the beach and only a few miles to I-95. Don't let the age of this home fool you , it was updates in 2005 with newer kitchen, new windows, fresh textured walls and ceiling , etc. This home lives and shows well. Don't let this pass you by.
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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 |
|---|---|---|---|
| Mar 30, 2022 | Sold | ||
| Sold | |||
| Jan 29, 2022 | Listed by Realty World Curri Properties | $339,900 | |
| Listed by Realty World Curri Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017