31
Map
1219 Altair Way
About This Property
Additional highlights include a built-in Smart Home Package with a Ring Video Doorbell, Smart Thermostat, Keyless Entry Smart Door Lock, and Deako Smart Switches, along with hurricane shutters, irrigation, landscaping, all on a beautiful oversized lot .
Enjoy the natural beauty surrounding Eagle Crest with the neighboring Indian River for kayaking and wildlife viewing, Sebastian Inlet State Park and Ballard Park for exceptional fishing, Habitat Golf Course just a few miles away, Historic Downtown Melbourne approximately 12 miles away, and Satellite Beach about 15 miles from home. Designed to maximize every square foot, this home combines spacious living areas, quality finishes, Smart Home technology, and lasting comfort in a peaceful wooded setting. Schedule your private tour today. We can't wait to welcome you home!
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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 21, 2026 | Listed by New Home Star Florida LLC | $544,900 | |
| Listed by New Home Star Florida LLC | |||
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About Grant-Valkaria
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017