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1473 Payette Lane
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 |
|---|---|---|---|
| Aug 9, 2024 | Sold | ||
| Sold | |||
| Jul 27, 2024 | In contract | - | |
| In contract | |||
| Jun 30, 2024 | Listed by LPT Realty, LLC | $390,000 | |
| Listed by LPT Realty, LLC | |||
| | |||
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Nestled in Oak Grove, Melbourne FL, this charming 4 bedroom home offers more than just a place to live—it's the place your memories will begin. Check out the virtual staging to spark some ideas of what you might choose to do! Picture yourself waking up to tranquil lake views that greet you from the back windows, creating a serene backdrop for your daily routine. Step outside onto the expansive lanai, where you can entertain guests or just unwind. Enjoy the 1-story living in a beautiful neighborhood with tree-lined streets and sidewalks. Convenience is key with this location, as it places you close to major employers, making your daily commute a breeze. When it's time to enjoy the Florida weather, a short drive brings you to the pristine beaches where you can soak up the sun or enjoy water activities.
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| Nov 5, 2019 | Sold | ||
| Sold | |||
| Nov 1, 2019 | Listed by Non-MLS or Out of Area | $256,050 | |
| Listed by Non-MLS or Out of Area | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017