1883 Coolidge Avenue
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%.
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 |
|---|---|---|---|
| Jul 25, 2025 | Sold | ||
| Sold | |||
| Jul 4, 2025 | In contract | - | |
| In contract | |||
| Jul 2, 2025 | Listed by EXP Realty, LLC | $185,000 | |
| Listed by EXP Realty, LLC | |||
| | |||
|
Investor Special - Priced to Move!
3 Bed / 2 Bath + 1-Car Carport in a high-demand rental area — perfect for investors or flippers seeking a solid property with immediate upside.
Major Systems Already Done:
Roof: 2021
AC: 2017
Electrical: Updated 2018
Plumbing: Partial updates 2018
Major systems in solid working order and ready for cosmetic renovation. Located in one of Melbourne's most consistent rental markets, this is a smart addition to any investment portfolio.
Schedule a private showing today!
| |||
| Jun 10, 2025 | Price Decreased |
$190,000
↓ $30K
(13.6%) | |
| Price Decreased | |||
| Jun 4, 2025 | Relisted | $220,000 | |
| Relisted | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017