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1265 Luminary Circle #105
About This Property
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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%.
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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.
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 |
|---|---|---|---|
| Sep 19, 2026 | Price Decreased |
$259,900
↓ $16K
(5.7%) | |
| Price Decreased | |||
| Mar 5, 2026 | Listed by Space Coast Realty & Inv. LLC | $275,500 | |
| Listed by Space Coast Realty & Inv. LLC | |||
| |||
|
Enjoy a carefree lifestyle in this charming 2-bedroom, 2-bath townhome located in the sought-after community of Sonesta Walk in Melbourne. This tranquil unit offers peaceful water views from the front door, kitchen, living area, and primary bedroom. The spacious open floor plan features a comfortable living and dining combination, perfect for relaxing or entertaining.
The fully equipped kitchen includes newer stainless steel appliances and a convenient breakfast bar. An in-unit laundry area adds everyday convenience, complete with a full-size Whirlpool 7 cu ft washer top load washer and electric dryer purchased in late 2025. The home also features a detached single-car garage with opener, a 2 year new ROOF, and a Rheem HVAC unit that was updated March of 2024.
Community amenities include a beautiful clubhouse with spa and waterfall, an inground pool, BBQ area, basketball and tennis courts, bike and jogging trails, and a playground.
| |||
| Nov 17, 2023 | Sold | ||
| Sold | |||
| Aug 31, 2023 | Listed by Space Coast Realty & Inv. LLC | $285,000 | |
| Listed by Space Coast Realty & Inv. LLC | |||
| |||
|
Enjoy carefree lifestyle in this 2 bedroom, 2 bath town home in the sought after community of Sonesta Walk in Melbourne. Peaceful water view from the front door, kitchen living area and master bedrooms make this unit so tranquil. Spacious open living/dining combination. Fully equipped kitchen has SS appliances and breakfast bar. Inside laundry area. Detached single car garage with opener. Community amenities include beautiful and spa with waterfall. inground pool, BBQ, basketball and Tennis courts, bike & jogging trail and playground.
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| Aug 30, 2018 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/31/2023
|
2 Bed
|
2 Bath
|
1008 ft²
|
$285,000
2 Bed
2 Bath
1008 ft²
|
$285,000
11/17/2023
|
Sharon Maynard
Space Coast Realty & Inv. LLC
| |
|
08/02/2018
|
2 Bed
|
2 Bath
|
1008 ft²
|
$174,900
2 Bed
2 Bath
1008 ft²
|
$174,000
-0.51%
08/30/2018
|
Kenneth Gordon
Keller Williams Realty Brevard
| |
|
05/09/2018
|
3 Bed
|
2 Bath
|
1277 ft²
|
$185,900
3 Bed
2 Bath
1277 ft²
|
$184,900
-0.54%
07/06/2018
|
Annette Braly
Towers Group Realty & Mgt, LLC
| |
|
04/21/2014
|
3 Bed
|
2 Bath
|
1277 ft²
|
$136,892
3 Bed
2 Bath
1277 ft²
|
$132,000
-3.57%
06/05/2014
|
Donna Patterson
RE/MAX 2000
|
Building Info
- 1 Unit for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017