22
Map
1475 Beechfern Drive #7
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 |
|---|---|---|---|
| Dec 4, 2023 | Sold | ||
| Sold | |||
| Oct 17, 2023 | Listed by RE/MAX Solutions | $265,000 | |
| Listed by RE/MAX Solutions | |||
| |||
|
Move in ready end unit townhome in the heart of Melbourne. Offering a 4 bedroom set up with a downstairs master. 3 guest bedrooms upstairs with a guest bathroom. 4th bedroom is a double size room which could become a 5th bedroom or large office space. Floors recently replaced with vinyl plank. Windows replaced in 2019 with impact windows. This home is just waiting for it's new owner!
| |||
| Sep 21, 2020 | Sold | ||
| Sold | |||
| Aug 7, 2020 | Listed by Keller Williams Realty Brevard | $175,000 | |
| Listed by Keller Williams Realty Brevard | |||
| May 13, 2014 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/17/2023
|
4 Bed
|
2 Bath
|
1410 ft²
|
$265,000
4 Bed
2 Bath
1410 ft²
|
$260,000
-1.89%
12/04/2023
|
Anthony Granato
RE/MAX Solutions
| |
|
08/07/2020
|
3 Bed
|
2 Bath
|
1415 ft²
|
$175,000
3 Bed
2 Bath
1415 ft²
|
$177,500
+1.43%
09/21/2020
|
Lindsey Whitney
Compass Florida, LLC
| |
|
02/19/2014
|
4 Bed
|
2 Bath
|
1415 ft²
|
$116,000
4 Bed
2 Bath
1415 ft²
|
$113,000
-2.59%
05/13/2014
|
David Geer
RE/MAX Aerospace Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017