56
Map
205 4th Avenue
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 |
|---|---|---|---|
| Dec 21, 2020 | Sold | ||
| Sold | |||
| Aug 17, 2020 | Listed by Dale Sorensen Real Estate Inc. | $770,000 | |
| Listed by Dale Sorensen Real Estate Inc. | |||
| Apr 5, 2018 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $725,000 | |
| Listed | |||
| | |||
|
FANTASTIC MELBOURNE BEACH LOCATION, STEPS FROM OCEAN ACCESS, BUILDER'S CUSTOM BUILT TWO-STORY, 5 BEDROOM, 3 BATH HOME. MANY EXTRA FEATURES,INCLUDING CROWN MOLDING, LARGE LIVING ROOM, FRENCH DOORS LOOKING OUT OVER WRAPAROUND FLORIDA ROOM, 10 FOOT CEILINGS, MASTER BEDROOM WITH SITTING ROOM, CENTRAL VACUUM, HARDWOOD FLOORS AND MORE.The manager has listed the unit size as 3147 square feet.
| |||
| Jul 10, 2017 | Listed by Dale Sorensen Real Estate Inc. | $674,900 | |
| Listed by Dale Sorensen Real Estate Inc. | |||
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About Melbourne Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017