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1717 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 |
|---|---|---|---|
| Aug 26, 2026 | Listed by Waterman Real Estate, Inc. | $359,900 | |
| Listed by Waterman Real Estate, Inc. | |||
| Jul 31, 2026 | Price Decreased |
$365,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Jul 24, 2026 | Price Decreased |
$375,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Jun 18, 2026 | Listed by Boardwalk Realty, LLC | $379,999 | |
| Listed by Boardwalk Realty, LLC | |||
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Welcome to 1717 Alaqua Way in desirable West Melbourne Landings! This meticulously maintained 3-bedroom 2-bath home showcases true pride of ownership and offers peaceful water views with the added privacy of neighboring cow pasture beyond the community. The thoughtfully designed floor plan features spacious living areas and abundant natural light creating an inviting space for both everyday living and entertaining. Residents enjoy a gated entry with attractive streetscapes enhanced by underground utilities creating a clean uncluttered neighborhood aesthetic that complements the community's well-maintained homes and scenic surroundings. Conveniently located less than 2 miles from local elementary and middle schools. Recent updates include exterior paint in 2026, new roof in 2023, new air conditioner and hot water tank in 2021
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| Nov 21, 2012 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017