28
Map
1202 Pine Street
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 10, 2025 | Sold | ||
| Sold | |||
| Feb 7, 2025 | In contract | - | |
| In contract | |||
| Jan 25, 2025 | Price Decreased |
$890,000
↓ $5K
(0.6%) | |
| Price Decreased | |||
| Nov 4, 2024 | Listed by GK Realty Group | $895,000 | |
| Listed by GK Realty Group | |||
| |||
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Discover coastal luxury on nearly half an acre, just steps from the tranquil Indian River Lagoon! This renovated gem blends modern elegance with prime location—walk to the Melbourne Beach Market or relax at Ryckman Park nearby. Featuring a 2021 metal roof, storm-rated windows, and upgraded plumbing and electrical, this home is as durable as it is beautiful. Sunlight floods the open interior, highlighting luxury LVL flooring and an impressive chef's kitchen with a sprawling island, quartz counters, stainless appliances, and a walk-in pantry. The split floor plan offers privacy, with a primary suite showcasing dual closets and a lavish ensuite bath with double vanities and an oversized walk-in shower. Step outside to an entertainer's dream backyard with room for a boat or RV. Beautiful landscaping, sprinkler system, and a separate 2-car garage/workshop with 220v power, 30-amp, and utility sink complete this exceptional property!
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| Mar 12, 2019 | Sold | ||
| Sold | |||
Property Highlights
Building Info
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Price/ft²
Listed On
Sold On
About Melbourne Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017