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1786 Alaqua Way
About This Property
This 4 bed, 2.5 bath, two-car garage home is located in the gated community of West Melbourne Landings close to Florida Institute of Technology, highly rated public schools, shopping and dining and directly across from the community guest parking.
The spacious floor plan with a versatile upstairs loft is perfect for a home office, playroom or additional living space.
The heart of home is in the BRAND-NEW KITCHEN featuring elegant quartz countertops, timeless shaker-style cabinetry and sleek stainless- steel appliances creating the perfect space for both everyday living and entertaining.
Enjoy peace of mind with a new HVAC (Jan 2026) and a 10- year transferable parts and labor warranty, a newer roof (replaced in 2022 with transferable warranty), roll down hurricane shutters and a fenced in backyard.
If you are looking for a move-in-ready home with space to grow in a prime West Melbourne location, this house is ready to welcome you home.
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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 21, 2026 | Price Decreased |
$399,000
↓ $38K
(8.7%) | |
| Price Decreased | |||
| Jul 22, 2026 | Price Decreased |
$437,000
↓ $12K
(2.7%) | |
| Price Decreased | |||
| Jun 1, 2026 | Listed by Realty World Curri Properties | $449,000 | |
| Listed by Realty World Curri Properties | |||
| May 23, 2022 | Sold | ||
| Sold | |||
| Mar 21, 2022 | Listed by Realty World Curri Properties | $419,900 | |
| Listed by Realty World Curri Properties | |||
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About West Melbourne Landings
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$2,395 /mo
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$2,395 /mo
- 4 Beds
- 2 Baths
- 1,820 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017