20
Map
1403 Payette Lane
About This Property
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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 |
|---|---|---|---|
| Feb 12, 2021 | Sold | ||
| Sold | |||
| Dec 13, 2020 | Listed by Coldwell Banker Paradise | $289,000 | |
| Listed by Coldwell Banker Paradise | |||
| Jul 2, 2019 | Sold | ||
| Sold | |||
| Feb 18, 2019 | Listed by One Sotheby's International | $244,900 | |
| Listed by One Sotheby's International | |||
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NEW ROOF THIS MONTH!!!Beautiful West Melbourne 4/2 CBS home with waterfront views! This home features tall vaulted ceilings and large windows welcoming natural light throughout. Large kitchen includes breakfast bar, double sinks, plenty of counter space, and pantry. Open floor plan concept with sizeable great room makes this home feel spacious. Split floorplan with Master wing features walk-in closet, shower/tub, double sinks, and private lavatory. Under truss back porch overlooks the water perfect for entertaining or enjoying your morning coffee. Family friendly neighborhood offers basketball court and playground!
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| Feb 11, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017