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1923 Poinsetta Boulevard
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 |
|---|---|---|---|
| Sep 23, 2026 | Listed by Denovo Realty | $119,000 | |
| Listed by Denovo Realty | |||
| Mar 17, 2026 | Sold | ||
| Sold | |||
| Apr 18, 2025 | In contract | - | |
| In contract | |||
| Apr 8, 2025 | Listed by Arium Real Estate, LLC | $100,000 | |
| Listed by Arium Real Estate, LLC | |||
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Investor Special! Located in a prime area of Melbourne, 1923 Poinsetta Blvd offers endless potential for the savvy investor. This property is uninhabitable in its current condition and will require a full renovation or teardown—bring your vision and tools! Just minutes from shopping, dining, and major routes, the location can't be beat. Don't miss this opportunity to transform a diamond in the rough into a profitable gem!
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| May 31, 2001 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017