30
Map
203 Surf Road
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 |
|---|---|---|---|
| Feb 26, 2025 | Sold | ||
| Sold | |||
| Jan 14, 2025 | In contract | - | |
| In contract | |||
| Dec 11, 2024 | Price Decreased |
$827,500
↓ $22K
(2.5%) | |
| Price Decreased | |||
| Nov 15, 2024 | Price Decreased |
$849,000
↓ $19K
(2.1%) | |
| Price Decreased | |||
| Oct 14, 2024 | Listed by One Sotheby's International | $867,500 | |
| Listed by One Sotheby's International | |||
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Premium Melbourne Beach location for this beautifully updated, pool home just steps to a nearby beach access. So, if you want to be in the heart of town and close to the beach, look no further ! Large, screen enclosed pool area and outdoor fireplace provide for year round enjoyment of your private back yard. Open floor plan in main living area is highlighted by an impressive, granite island in this attractive, modern kitchen. Tiled throughout, concrete pad on the side of the home, perfect for on site Boat/RV storage, 2 car garage & much more to love about this one besides it's epic location that does allow for short term vacation rentals !
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Property Highlights
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About Romac
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$2,300 /mo
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$2,250 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017