40
Map
1111 Grapefruit Road SE
About This Property
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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 |
|---|---|---|---|
| May 15, 2026 | Sold | ||
| Sold | |||
| Apr 16, 2026 | In contract | - | |
| In contract | |||
| Apr 13, 2026 | Relisted | $192,000 | |
| Relisted | |||
| Apr 9, 2026 | In contract | - | |
| In contract | |||
| Mar 20, 2026 | Listed by RE/MAX Elite | $192,000 | |
| Listed by RE/MAX Elite | |||
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Charming 2 bedroom, 1 bathroom home with a bonus room on city water and a HUGE fully fenced backyard! This well-maintained property features a newer 2021 roof, NEW 2025 water heater, and recently pumped septic (2025) for added peace of mind. Inside, you'll find vinyl flooring, vaulted ceilings, stainless appliances, and a spacious layout including a walk-in shower and desirable his & hers closets. Step outside to enjoy the screened-in patio overlooking the backyard, complete with a shed for extra storage. Conveniently located just 20 minutes from the beach and close to all the shopping, dining, and amenities Palm Bay has to offer. Don't miss this opportunity!
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Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Port Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017