155 Diane Circle
About This Property
This is an estate sale. The home offers 3 bedrooms, 2 bathrooms, 1 car garage, large open living area and a nice Florida Room with lots of windows. This home has the original terrazzo floors throughout the home, the kitchen has lots of cabinets, and the one car garage has nice shelving. Conveniently located off A1A..centrally located in between the Melbourne and Eau Gallie Causeways. Walk to the beach and a short distance to all public beaches and hotels.
PLEASE NOTE THAT THE HOUSE HAS BEEN EMPTY SINCE 8-18 AND NEED SOME TLC, IT IS AN ESTATE SALE WITH NO SELLER'S DISCLOSURE-SELLERS ARE MOTIVATED AND WILL CONSIDER ALL REASONABLE OFFERS.
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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%.
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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 |
|---|---|---|---|
| May 21, 2020 | Sold | ||
| Sold | |||
| Apr 10, 2020 | Listed by CBA Realty Group | $259,900 | |
| Listed by CBA Realty Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017