$169,700
●
House -
Off Market
160 Monaco Road
West Melbourne, FL 32904
2 Beds
1 Bath
1,168 Ft²
$215,865
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model
About This Property
This home has been nicely kept and is within walking distance to
the Mall and Publix. This home is located in a GREAT School
district.
Unit Size
1,168 Ft²
Days on Market
45 days
Land Size
0.17 acres
Price per sqft
$145
Property Type
House
Property Taxes
$83
HOA Dues
-
Year Built
1957
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (Space Coast MLS #867768)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 3, 2024 | Sold | ||
| Sold | |||
| May 7, 2024 | Listed by RE/MAX ELITE | $215,000 | |
| Listed by RE/MAX ELITE | |||
| | |||
|
Celebrate the charm of this Melbourne home, ideally positioned just two blocks from Melbourne Mall and diverse dining options. This welcoming residence features two bedrooms, one bathroom, and a den that can double as a home office, all beneath a durable metal roof. Recent enhancements include a two-year-old AC and a brand new 2023 water heater. The home is outfitted with refreshed tile and laminate flooring throughout, offering low-maintenance living with no carpet. Set in a premier school district, this property provides a supportive environment for families. It is just a 5-minute drive from five local parks and movie theaters and only 5.8 miles from immaculate beaches, ensuring quick access to relaxation and recreation. Ideal for first-time buyers, those downsizing, or investors seeking a lucrative opportunity, this home delivers a perfect mix of lifestyle and convenience. Seize this chance to begin your homeownership journey in Melbourne's vibrant heart! Schedule your visit today!
| |||
| Apr 27, 2024 | In contract | - | |
| In contract | |||
| Apr 23, 2024 | Listed by RE/MAX Elite | $215,000 | |
| Listed by RE/MAX Elite | |||
| | |||
|
Celebrate the charm of this Melbourne home, ideally positioned just two blocks from Melbourne Mall and diverse dining options. This welcoming residence features two bedrooms, one bathroom, and a den that can double as a home office, all beneath a durable metal roof. Recent enhancements include a two-year-old AC and a brand new 2023 water heater. The home is outfitted with refreshed tile and laminate flooring throughout, offering low-maintenance living with no carpet. Set in a premier school district, this property provides a supportive environment for families. It is just a 5-minute drive from five local parks and movie theaters and only 5.8 miles from immaculate beaches, ensuring quick access to relaxation and recreation. Ideal for first-time buyers, those downsizing, or investors seeking a lucrative opportunity, this home delivers a perfect mix of lifestyle and convenience. Seize this chance to begin your homeownership journey in Melbourne's vibrant heart! Schedule your visit today!
| |||
| Feb 19, 2021 | Sold | ||
| Sold | |||
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Property Highlights
Air Conditioning
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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ft²
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Sold On
Sold On
HOA + Taxes
About Cannova Park
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Listed by: Perry J Coleman Jr., CENTURY 21 Circle
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 867768
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 867768
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