1805 Platt Street
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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 |
|---|---|---|---|
| Sep 10, 2018 | Sold | ||
| Sold | |||
| Sep 8, 2018 | No longer available | - | |
| No longer available | |||
| Aug 13, 2018 | Listed | $279,900 | |
| Listed | |||
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Key West charm within walking distance of everything downtown Melbourne has to offer. Structurally engineered home, built for the builder's family with ultimate safety in mind. What does this mean for you? Rock solid newer construction with a 160 mph wind rating, termite pre-treated, eco friendly fiber plank siding that will never rot. Particular attention was paid to energy efficiency. Home is equipped with a 3 ton HE Central AC, R25/R30 insulation in walls and attic, and thermal pane windowsall mean high efficiency and low energy bills. Granite Counters with stainless appliances in kitchen. Beautiful dark wood laminate throughout, with new carpet in bedrooms. Inviting and freshly sodded back and side yard for furry family members with a high fence for solitude and privacy. Don't hesitate. This one will not last long! The manager has listed the unit size as 1702 square feet.
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| Jul 19, 2018 | Listed by Engel & Voelkers Melb Downtown | $279,900 | |
| Listed by Engel & Voelkers Melb Downtown | |||
| Aug 16, 2011 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017