2046 Bluestem Circle NE
About This Property
One of the few homes in this neighborhood that is concrete block construction. Entire home has tiled flooring. for ease of cleaning and allergy control. Vaulted ceilings make it appear larger than sq. footage . All appliances are staying including washer & dryer. Security system is currently not monitored.. Community clubhouse and heated pool easily accessed. Located within walking distance to grocery, shopping, medical, restaurants, banks. It is a short ride to ocean beaches, local mall, and local (Melbourne) airport. 1 hour from Orlando attractions & airport. New dishwasher being ordered
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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%.
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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 |
|---|---|---|---|
| Apr 20, 2022 | Sold | ||
| Sold | |||
| Mar 14, 2022 | Listed by Coldwell Banker Paradise | $259,900 | |
| Listed by Coldwell Banker Paradise | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 16, 2020 | In contract | - | |
| In contract | |||
| Apr 9, 2020 | Listed | $1,300 | |
| Listed | |||
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Winding though the well maintained neighborhood you will love the Caribbean feel. This lovely home is on an over sized lot with lots of space around it. Inside you will love the open floor plan. The kitchen has a breakfast bar that opens to the living/ dining room. There is a patio just off the living room. Down the hall you'll find three bedrooms. The master bathroom with walk-in shower and huge walk-in closet. There is a one car garage. Community has an amazing clubhouse and sparkling pool. No smokers. One small pet considered. Better hurry. First, last, security and decent credit score required. Call Sandy 321-863-4739. The manager has listed the unit size as 1166 square feet.
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Property Highlights
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Price/ft²
Listed On
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About Port Malabar
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Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 929660
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