15
Map
1673 Talbott Street
About This Property
This property includes a 12,675W solar system that generates roughly 15,000-kilowatt hours per year. The utility bill for this house is typically $29.00 per month. This solar system saves the owner approximately $2,500 per year. The solar system is still under warranty, and all warranties transfer to the new owner. The solar system will be paid in full at the time of closing.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Sep 12, 2024 | No longer available | - | |
| No longer available | |||
| Aug 24, 2024 | Price Decreased |
$344,900
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Aug 18, 2024 | Price Decreased |
$349,900
↓ $5K
(1.4%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About Port Malabar
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$2,300 /mo
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Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 1019099
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