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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 17, 2020 | Sold | ||
| Sold | |||
| May 20, 2020 | Listed by RE/MAX Aerospace Realty | $459,500 | |
| Listed by RE/MAX Aerospace Realty | |||
| Mar 14, 2019 | No longer available | - | |
| No longer available | |||
| Feb 20, 2019 | Price Decreased |
$449,900
↓ $20K
(4.3%) | |
| Price Decreased | |||
| Jan 28, 2019 | Listed | $470,000 | |
| Listed | |||
| | |||
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Location, Location, Location this well maintained home has the perfect location in Indialantic on very quite culdesac street. This 4 Bedroom 2 Bath split plan pool home with a 2 car garage is a Joyal built home with a popular floor plan. Large open kitchen that opens to the family room. Inside laundry and second bath opens to the pool with covered patio for year round entertainment. Master Bath has two sinks shower and seperate tub plus a walk in closet. Formal dinning and living space. The manager has listed the unit size as 2173 square feet.
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Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Indialantic by The Sea
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$2,800 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017