22
Map
1211 Olde Bailey Lane
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 |
|---|---|---|---|
| Aug 8, 2025 | Sold | ||
| Sold | |||
| Jul 8, 2025 | In contract | - | |
| In contract | |||
| Jun 19, 2025 | Listed by South Shore Development, Inc | $399,000 | |
| Listed by South Shore Development, Inc | |||
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This 3-bedroom, 2-bath home sits on a spacious 0.28-acre lot and features a screen-enclosed saltwater pool with a waterfall. The fully fenced backyard includes fruit trees and space for pets, play, or entertaining. The driveway has been extended with pavers proving a bit more parking space. Paver walkway leads up to the double door entry.
Inside, enjoy vaulted ceilings, no carpet throughout, and an open layout. The kitchen offers granite countertops, a tiled backsplash, stainless steel appliances. Sliding doors from the dining area lead to the screened lanai with two access points to the backyard.
The primary suite includes a walk-in closet, ensuite with soaking tub and shower, and direct pool access.
In addition to your private pool, the community pool is just up the street, perfect for guests or social gatherings. Water Heater 2025, Roof 2023, A/C 2014, Pool Resurfaced 2022.
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| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| Jul 25, 2018 | Sold | ||
| Sold | |||
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About West Melbourne
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017