20
Map
1776 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%.
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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.
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 15, 2025 | Price Decreased |
$399,900
↓ $15K
(3.6%) | |
| Price Decreased | |||
| Sep 2, 2025 | Listed | $415,000 | |
| Listed | |||
| | |||
|
Welcome to this beautifully updated 2-story home with NEW 2023 roof - located in the gated West Melbourne Landing community! Boasting 3 spacious bedrooms, 2.5 bath, and a 2-car garage, this home offers comfort, style, and functionality for the whole family. Step inside to find a large living room. Brand-new luxury vinyl plank flooring that flows seamlessly throughout both levels of the home. The recently remodeled kitchen features modern stainless steel appliances, butcher block countertops, and plenty of cabinet space—ideal for the home chef.
A newly remodeled half bath downstairs adds convenience for guests. Find all bedrooms upstairs which are thoughtfully arranged around a versatile loft area—perfect for a home office, game room, or play space. Save steps with the Laundry rm upstairs which includes the Washer&Dryer. Step outside to your backyard oasis, complete with a spacious deck, covered lanai, and a play area with fresh mulch—designed for entertaining and making memories. ***OPEN HOUSE SUNDAY OCT 5 FROM 11AM - 1PM***
| |||
| Sep 22, 2021 | Sold | ||
| Sold | |||
| Jun 21, 2021 | Listed by Space Coast Realty Corp. | $316,000 | |
| Listed by Space Coast Realty Corp. | |||
| May 28, 2021 | No longer available | - | |
| No longer available | |||
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About West Melbourne Landings
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$3,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017