16
Map
1696 Alaqua Way
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 |
|---|---|---|---|
| Nov 18, 2025 | Sold | ||
| Sold | |||
| Nov 7, 2025 | In contract | - | |
| In contract | |||
| Nov 1, 2025 | Listed by Ellingson Properties | $415,000 | |
| Listed by Ellingson Properties | |||
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Desirable Gated West Melbourne Landings home. Very well-maintained. Freshly painted exterior and pool deck. Beautiful Salt Chlorinated Pool. Quaint screened in front porch. Kitchen has wood maple cabinetry and granite counters, open to family room. 3 Bedrooms with great closet space. Primary bedroom has its own ensuite. 2023 Roof and 2022 AC. Screened in front porch and pool lanai.
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| Jan 29, 2014 | Sold | ||
| Sold | |||
| Nov 6, 2013 | Listed by Realty World Curri Properties | $229,900 | |
| Listed by Realty World Curri Properties | |||
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About West Melbourne Landings
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017