1172 Glenham Drive NE
About This Property
Great location in NE Palm Bay - Quiet area -
Close to the River - Go fishing!
15 minutes to Indialantic Beach - Go swimming!
5 minutes from Turkey Creek Sanctuary - Go nature Trailing!
Plenty to do in the area but still tucked away from the noise of the city!
We are offering owner financing. Contact us with the maximum amount you can put as a down payment & we will get back to you with owner financing details.
Fix and keep it for yourself, flip it, keep it in your portfolio! This is a unique opportunity, don't let it slip away!
Go see today, this diamond in the rough will not last!
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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 |
|---|---|---|---|
| Jul 3, 2025 | Sold | ||
| Sold | |||
| May 16, 2025 | Listed by EXP Realty, LLC | $184,900 | |
| Listed by EXP Realty, LLC | |||
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This beautifully renovated 3-bedroom, 2-bath home is move-in ready and waiting for its new owner! Perfect for first-time buyers, this charmer boasts a brand new roof, new electric and plumbing, and stylish updates throughout—including gorgeous tile showers, matching vinyl plank floors, and a freshly updated kitchen with new cabinets and countertops. The spacious backyard offers plenty of room for a pool, trampoline, or your backyard dream setup! Motivated seller - bring all offers! Don't miss this one—put it on your list today and come fall in love!
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| Nov 14, 2022 | Sold | ||
| Sold | |||
| Aug 29, 2022 | Sold | ||
| Sold | |||
| Aug 25, 2022 | Listed by RE/MAX Elite | $143,000 | |
| Listed by RE/MAX Elite | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017