30
Map
1356 Alaqua Way
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%.
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 |
|---|---|---|---|
| Sep 16, 2025 | Sold | ||
| Sold | |||
| Aug 18, 2025 | In contract | - | |
| In contract | |||
| Aug 8, 2025 | Listed by Compass Florida LLC | $370,000 | |
| Listed by Compass Florida LLC | |||
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Inside the secure gates of West Melbourne Landings, this 3-bed, 2-bath home blends smart design with thoughtful updates. Soaring vaulted ceilings & an open-concept layout create an airy, connected feel, while the split floorplan offers privacy for guests or family. The sellers expanded outdoor living with a paver patio that flows from the screened lanai into a fully fenced, east-facing backyard—perfect for sunlit mornings or shaded afternoons. A brand new roof (2023) adds peace of mind, while community perks like a park & playground make this a practical yet inviting place to call home. With 1,478 sq ft of indoor space & room to breathe outdoors, this home delivers lifestyle flexibility in one of West Melbourne's most convenient, gated neighborhoods—close to shopping, dining, I-95 & top schools. Whether you're upsizing, downsizing, or right-sizing, this one checks the boxes.
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| Dec 21, 2018 | Sold | ||
| Sold | |||
| Nov 9, 2018 | Listed by RE/MAX Elite | $225,000 | |
| Listed by RE/MAX Elite | |||
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About West Melbourne Landings
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017