1769 Morely Drive
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 |
|---|---|---|---|
| Mar 10, 2023 | Sold | ||
| Sold | |||
| Feb 6, 2023 | Listed by EXP Realty, LLC | $369,900 | |
| Listed by EXP Realty, LLC | |||
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Built in 2022, this stunning 4/2 SMART HOME boasts modern design with a touch of traditional charm. The open-concept floor plan is perfect for entertaining and everyday living, featuring a spacious living room, kitchen with brand-new stainless-steel appliances, large island, and a separate dining area. The master suite is a true retreat with a massive walk-in closet and spa-like en suite bath. Located in the heart of the Space Coast, you're minutes from everything! Beautiful beaches and breathtaking space launches await! Theme parks and Orlando are a short drive as well! Short drive to both CCSFS and Patrick Space Force Station! I95 access just minutes away! Don't miss out on the opportunity to make this house your dream home!
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| Jun 21, 2022 | Sold | ||
| Sold | |||
| Dec 2, 2021 | Listed by D.R.Horton Realty of Melbourne | $334,870 | |
| Listed by D.R.Horton Realty of Melbourne | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017