1969 MENGER Circle
About This Property
Step outside to enjoy the expansive screened-in saltwater pool with new pool pump in 2023 and resurfaced in 2024, perfect for entertaining or simply relaxing. The pool deck offers plenty of space for outdoor furniture and lounging. The backyard is fully fenced and includes a 16 x 10 workshop/shed with electricity, providing ample storage or workspace. With no HOA restrictions, this property allows for RV, utility trailer, or boat parking, offering flexibility for your lifestyle. The oversized 2-car garage with epoxy floors adds extra convenience. Additional recent upgrades and/or replacements include roof in 2022, water heater in 2022, HVAC in 2021, 5 windows in 2021 and door in 2021. Located close to shopping, banks, restaurants, and just a short drive to the beach, this home truly offers the best of Florida living.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 13, 2024 | Sold | ||
| Sold | |||
| Oct 6, 2024 | In contract | - | |
| In contract | |||
| Sep 28, 2024 | Price Decreased |
$409,900
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Sep 16, 2024 | Relisted | $419,900 | |
| Relisted | |||
| Sep 12, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017