20
Map
$335,000
●
House -
For Sale
1843 Madison Avenue
Melbourne, FL 32935
3 Beds
2 Baths,
1
Half Bath
1,192 Ft²
$1,911
Est. Monthly
About This Property
MOTIVATED SELLERS!!! Roof 2022, AC 2022, tankless water
heater, updated electrical and plumbing. Centrally located
home in one of the quickest growing cities in Florida! Enjoy all
the local attractions including 18 minutes to the Brevard Zoo, 40
minutes to Kennedy Space Center, 15 minutes to Melbourne Beach, and
under 10 minutes to Melbourne International Airport. Tastefully and
fully renovated home makes this ready for new owners!! Split-Plan
included and a master with its own private entrance.
Showings M-Fri after 5pm
Must have 1hr notice to show during the week.
Showings M-Fri after 5pm
Must have 1hr notice to show during the week.
Unit Size
1,192 Ft²
Days on Market
58 days
Land Size
0.20 acres
Price per sqft
$281
Property Type
House
Property Taxes
$265
HOA Dues
-
Year Built
1957
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 months ago (Space Coast MLS #1084435)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 8, 2026 | Listed by Atlantic Group Real Estate | $335,000 | |
| Listed by Atlantic Group Real Estate | |||
| Feb 2, 2024 | Sold | ||
| Sold | |||
| Nov 20, 2023 | Sold | ||
| Sold | |||
| Oct 25, 2023 | In contract | - | |
| In contract | |||
| Sep 8, 2023 | Listed by Relentless Real Estate Co. | $325,000 | |
| Listed by Relentless Real Estate Co. | |||
| | |||
|
Welcome to your new home with endless opportunities; whether you are looking for immense income potential, or your new forever home! Everyone can enjoy this centrally located home in one of the quickest growing cities in Florida!
Melbourne is within a 1 hour drive to Disney World, Universal Studios, Sea World, and the Orlando Airport. Enjoy all the local attractions including 18 minutes to the Brevard Zoo, 40 minutes to Kennedy Space Center, 15 minutes to Melbourne Beach, and under 10 minutes to Melbourne International Airport. Tastefully and fully renovated home makes this ready for new owners!! Split-Plan included for extra quiet time away and a master with its own private entrance. Ready to relax at home?
| |||
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Property Highlights
Garage
Air Conditioning
Parking Details
Parking Features: Detached
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Breakfast Bar
Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
Flooring Type: Vinyl
Laundry Features: Electric Dryer Hookup, Washer Hookup
Exterior Details
Square Footage: 1192
Square Footage Source: $0
Property Condition: Updated/Remodeled
Year Built: 1957
Levels: One
Construction Materials: Block, Concrete
Pool Features: In Ground
Pool is Private
Lot Features: Other
Lot Size Area: 0.2
Lot Size Units: Acres
Lot Size Acres: 0.2
Lot Size Square Feet: 8712
Water Source: None
Financial Details
Tax Annual Amount: $3,185
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Sold On
HOA + Taxes
About Bowe Gardens
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Listed by: James Iverson, Atlantic Group Real Estate
Last Updated: 2 months ago
Data Source: Space Coast MLS, MLS# 1084435
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Last Updated: 2 months ago
Data Source: Space Coast MLS, MLS# 1084435
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017