1767 Mallard Lake Road
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 |
|---|---|---|---|
| Apr 26, 2024 | Sold | ||
| Sold | |||
| Mar 7, 2024 | In contract | - | |
| In contract | |||
| Feb 28, 2024 | Price Decreased |
$389,000
↓ $11K
(2.6%) | |
| Price Decreased | |||
| Feb 1, 2024 | Listed by NEXTHOME AT THE BEACH | $399,500 | |
| Listed by NEXTHOME AT THE BEACH | |||
| | |||
|
Prime Location, Location, Location
Tucked away in the beautiful sought-after Crane Creek area, this residence offers a secluded oasis surrounded by lush greenery and the calming waters of Mallard Lake, with stocked fish. Experience a peaceful retreat from the hustle and bustle of everyday life.
The home features a Tankless (gas) water heater and gas stove, tile and wood laminate flooring with vaulted ceilings, a privacy fenced backyard, walk-in closets in each bedroom, a large backyard oasis with a patio, and much more.
This property offers convenient access to amenities, including the upscale Avenues shopping area, fine dining, recreational facilities, two parks, top-rated A schools, and minutes to the intercoastal waterways and beaches, Brevard Zoo, and more. With easy access to major thoroughfares, you're just moments away from everything Melbourne offers.
Don't miss your chance to experience life's unparalleled beauty and tranquility. You can schedule a private tour today and start on a journey to your paradise, Florida, living in Melbourne Crane Creek. So, what are you waiting on? It doesn't get any better than this. Make your appointment today!
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| Jun 30, 2014 | Sold | ||
| Sold | |||
Property Highlights
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Price/ft²
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About Crane Creek
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017