1065 Mathers
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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 |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Feb 3, 2025 | In contract | - | |
| In contract | |||
| Dec 31, 2024 | Listed by Arium Real Estate, LLC | $215,000 | |
| Listed by Arium Real Estate, LLC | |||
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Recently Renovated 4/1.5 House in Melbourne ready for a new owner. Great starter home or investment property close to Eau Gallie Arts District, Shopping plaza and schools. City water in home and well water ideal for irrigating your lawn. Property features new Metal Roof (Nov 2024), upgraded kitchen includes new cabinets, pantry and stainless steel appliances. AC (Feb 2023), Water Heater (Aug 2021), smart thermostat, new Tiles Floors (2023), Toilets (2023) and Light fixtures/Ceiling Fans. Back yard has a large covered patio. Yard has white vinyl fence that's good for pet safety. Washer dryer included.
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| Jul 2, 2020 | Sold | ||
| Sold | |||
| May 22, 2020 | Listed by FlatFee.com | $100,000 | |
| Listed by FlatFee.com | |||
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Great starter home close to churches and schools . Just a few blocks from major roads . Has artesian well so you can water your lawn for free ! Large shade trees on the south side keeps you cool in the summer . 5 minutes from the boat launch and 10 minutes from the beach !
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017