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1768 Maeve Circle
About This Property
Welcome to Eastwood at Heritage Oaks, one of West Melbourne's most desirable communities. This pristine, move-in ready home showcases over $30,000 in recent updates, including a brand-new 2024 ROOF and 2024 HVAC system. Inside, enjoy new flooring, fresh paint, a modern kitchen with a chic backsplash, a large island, a walk-in pantry, and an expansive flex space upstairs. With over 3,000 square feet of living space, the home offers two master suites, his and hers walk-in closets, and a spacious, covered, screened-in lanai. Built in 2007, it also includes hurricane shutters for worry-free living. Located in a secure, family-friendly neighborhood with sidewalks and a community pool within walking distance, this centrally located West Melbourne home perfectly blends comfort and convenience. Experience exceptional living in this stunning Heritage Oaks home.
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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 |
|---|---|---|---|
| Sep 24, 2024 | Sold | ||
| Sold | |||
| Aug 18, 2024 | In contract | - | |
| In contract | |||
| Aug 14, 2024 | Price Decreased |
$475,000
↓ $15K
(3.1%) | |
| Price Decreased | |||
| Aug 4, 2024 | Price Decreased |
$490,000
↓ $10K
(2%) | |
| Price Decreased | |||
| Jul 11, 2024 | Price Decreased |
$500,000
↓ $10K
(2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017