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1438 Albert Drive
About This Property
Check out this beautiful 4bd/2.5bth POOL home located near the beautiful Eau Gallie Arts District!!
The home is situated on an oversized corner lot with a HUGE POOL and Outdoor Fire Pit Area in a privately fenced backyard oasis.
This home is beautifully renovated with wood laminate flooring and tile..... NO CARPET!! ROOF AND WATER HEATER REPLACED IN 2019. New fridge 2023!!
Inside the home you'll find a bright, open floorplan with a beautiful dining area open to the kitchen and living room, flowing to a large recreational/game room area. A HUGE laundry room and views all the way to the backyard pool from the front entrance of the home.
VERY MOTIVATED SELLER!!
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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 |
|---|---|---|---|
| Jul 31, 2025 | In contract | - | |
| In contract | |||
| Jul 31, 2025 | Sold | ||
| Sold | |||
| Jul 10, 2025 | Price Decreased |
$365,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Jun 8, 2025 | Listed by EXP Realty, LLC | $375,000 | |
| Listed by EXP Realty, LLC | |||
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Just 15 minutes door to shore! This stylish 4-bed, 2.5-bath mid-century ranch in Leewood Forest offers comfort and cash flow. Currently a successful Airbnb, this home features a private heated pool, impact windows, newer roof, updated AC, water heater, and upgraded water line piping—big-ticket items that help with insurance. Inside you'll find a light, open layout with split bedrooms, a spacious kitchen, bonus room, screened porch, and inside laundry. Whether you're looking for an income-producing asset or a cozy primary residence, this home checks all the boxes. Enjoy the flexibility of keeping it furnished or bringing your own vision. Nestled on a corner lot in a quiet neighborhood near Eau Gallie Arts District, schools, shopping, and major employers. No HOA! Can be sold fully-furnished, turn-key.
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| Aug 30, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017