18
Map
1787 Fallon Boulevard NE
About This Property
THE EVAN Allows you to Step into luxury with this move-in ready beautifully crafted 3-bed, 2-bath home in NE Palm Bay featuring a spacious 2-car garage. Enjoy high-end finishes throughout, including stunning quartz countertops, 42'' bump-and-stagger wood cabinets with crown molding, and elegant 5¼'' baseboards. The open-concept living area is enhanced with stylish tile flooring, while plush carpet adds comfort to the bedrooms. Both bathrooms boast tile-to-ceiling showers for a spa-like touch. The modern kitchen is equipped with stainless steel appliances, perfect for everyday living or entertaining. Ideally located with easy access to I-95, shopping, and dining.
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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 |
|---|---|---|---|
| Mar 9, 2026 | Sold | ||
| Sold | |||
| Mar 2, 2026 | In contract | - | |
| In contract | |||
| Dec 4, 2025 | Price Decreased |
$365,990
↓ $20K
(5.2%) | |
| Price Decreased | |||
| Sep 9, 2025 | Price Decreased |
$385,990
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Aug 2, 2025 | Listed by Real Broker, LLC | $395,990 | |
| Listed by Real Broker, LLC | |||
Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Port Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017