48
Map
118 Tradewinds Terrace
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Mar 13, 2025 | Sold | ||
| Sold | |||
| Feb 12, 2025 | In contract | - | |
| In contract | |||
| Feb 8, 2025 | Price Decreased |
$734,900
↓ $15K
(2%) | |
| Price Decreased | |||
| Jan 11, 2025 | Price Decreased |
$749,900
↓ $25K
(3.2%) | |
| Price Decreased | |||
| Nov 15, 2024 | Listed by J. Edwards Real Estate | $775,000 | |
| Listed by J. Edwards Real Estate | |||
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Just a 9-minute walk from the beach is your charming pool home in the heart of Indialantic's desirable SOFA district with no HOA. Ideal home for entertainment in your screened-in lanai, which has a custom pergola and outdoor fire pit for gatherings. Updated kitchen includes white cabinets, SS Appliances, Samsung FlexDuo smart range, InstaView refrigerator, granite tops & water flow tile backsplash. Newer herringbone tile throughout main areas. Located in a quiet neighborhood with a cul-de-sac where the kids can play safely. There is plenty of room to park your boat or RV on the side of the house. The accessible ground-floor primary bedroom overlooks the enclosed pool. Upgrades include an energy-efficient hybrid water heater, LED lighting throughout, a Newer Roof (2019), pavers, and 32 solar panels with lower utility bill benefits.
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Property Highlights
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Status
Price/ft²
Listed On
Sold On
About Indialantic by The Sea
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017