42
Map
1116 Cheyenne Drive
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 |
|---|---|---|---|
| Jun 18, 2024 | Sold | ||
| Sold | |||
| May 22, 2024 | In contract | - | |
| In contract | |||
| May 9, 2024 | Price Decreased |
$659,900
↓ $20K
(2.9%) | |
| Price Decreased | |||
| Apr 4, 2024 | Listed by Compass Florida, LLC | $679,900 | |
| Listed by Compass Florida, LLC | |||
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Savor quiet walks to the beach or host a BBQ blowout pool party from your summer kitchen--the options are limitless at this big 4 or 5 bedroom, 3.5 bath beachside bungalow! Outdoor living is the star of the show with the solar/electric heated pool and hot tub spa, lush landscaping, private fenced yard, and a huge covered outdoor kitchen with water, electric, TV, and propane grill. Extensively updated in 2018 and walking distance to A-rated schools, this is the one you've been waiting for! The kitchen is a dream with granite, SS appliances, white cabinets, and breakfast bar. Tile floors throughout are elegant and durable, easy to maintain and clean. Perfect for kids/pets! CBS block construction, new exterior paint, 2018 metal roof, and roll down shutters keep your family safe and secure, with affordable insurance too. Conveniently located to award-winning dining, entertainment, shopping, jobs, and the beach, with easy access to the Eau Gallie Cswy, this is Brevard's best location!
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| Aug 26, 2020 | Sold | ||
| Sold | |||
Property Highlights
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About Indian Harbour Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017