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1697 Atrium Drive
About This Property
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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.
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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 |
|---|---|---|---|
| Jul 22, 2026 | Sold | ||
| Sold | |||
| Jun 22, 2026 | In contract | - | |
| In contract | |||
| Jun 12, 2026 | Listed by The High Tide Group | $529,900 | |
| Listed by The High Tide Group | |||
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Beautifully updated 4-bedroom, 2-bath POOL home, LARGE LOT ideally located in the HEART of Melbourne! Just minutes from Wickham Park, shopping, dining, & less than 20 minutes from the beach.
This home has an inviting open floor plan filled with natural light, new luxury vinyl plank flooring (2025), & fresh interior paint throughout. The updated kitchen offers new cabinetry (2025), granite countertops, new stainless steel appliances including an induction stovetop , a custom backsplash, a spacious breakfast bar, & a walk-in pantry. The primary suite provides private patio access, dual closets, & a spa-like primary bath with a jetted tub, separate shower, & Bluetooth-enabled lighting.
A desirable split-bedroom layout offers 3 additional bedrooms for family, guests, or a home office. Enjoy Florida living year-round in the screen-enclosed pool and patio overlooking the fully fenced backyard.
2021 Roof, 2023 HVAC, 2025 pool pump, 2022 Hot water heater and partial impact glass (2020)
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| May 13, 2026 | Price Decreased |
$535,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| May 5, 2026 | Price Decreased |
$540,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017