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1360 Olde Bailey Lane
About This Property
Inside, you'll find a thoughtfully designed split floor plan with large bedrooms, generous storage throughout, and beautiful hardwood floors in the main living areas. The eat-in kitchen, living room, and master bedroom all feature stunning back water views, creating a serene backdrop for everyday living. Step out onto the back porch overlooking the water and landscaped yard, an ideal spot to relax and unwind.
Set in a family-friendly area, this home offers everyday convenience with a welcoming community feel. Residents also enjoy access to a large community pool just steps from your door.
Close to shopping, dining, and top-rated schools, don't miss the opportunity to make this West Melbourne gem your own!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 19, 2025 | Sold | ||
| Sold | |||
| Nov 19, 2025 | In contract | - | |
| In contract | |||
| Oct 30, 2025 | Price Decreased |
$335,000
↓ $4K
(1.2%) | |
| Price Decreased | |||
| Oct 3, 2025 | Price Decreased |
$339,000
↓ $6K
(1.7%) | |
| Price Decreased | |||
| Sep 19, 2025 | Relisted | $345,000 | |
| Relisted | |||
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About Stratford Pointe
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017