20
Map
194 SE Ridgemont Circle
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 17, 2025 | Sold | ||
| Sold | |||
| Jun 20, 2025 | In contract | - | |
| In contract | |||
| May 24, 2025 | Price Decreased |
$525,000
↓ $14K
(2.6%) | |
| Price Decreased | |||
| May 9, 2025 | Listed by Acosta Realty of Florida Inc. | $539,000 | |
| Listed by Acosta Realty of Florida Inc. | |||
| | |||
|
Experience Florida living at its finest in this beautifully maintained home, located in the highly sought-after gated community of Bayside Lakes in the heart of Palm Bay. This residence offers a spacious split-bedroom floor plan designed for both comfort and functionality.
The kitchen features 42'' solid wood cabinets, granite countertops, and a stylish tiled backsplash—perfectly blending elegance and practicality. Natural light floods the open living area through large energy-rated, double pane windows and sliding glass doors, creating a warm, inviting atmosphere that flows seamlessly to the covered patio and sparkling pool—ideal for outdoor entertaining or quiet relaxation.
Recent upgrades include a new AC air handler and condenser (2024), energy-efficient, double pane windows and sliders (2022), and brand-new gutters installed in 2025, providing peace of mind and long-term value.
This move-in-ready home combines modern upgrades, thoughtful design, and a prime location.
| |||
| Mar 2, 2016 | Sold | ||
| Sold | |||
Property Highlights
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About Port Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017