2051 Northview Street NE
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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 |
|---|---|---|---|
| Aug 11, 2026 | Price Decreased |
$1,150,000
↓ $145K
(11.2%) | |
| Price Decreased | |||
| May 5, 2026 | Listed by The Ullian Realty Corporation | $1,295,000 | |
| Listed by The Ullian Realty Corporation | |||
| Mar 5, 2025 | Price Decreased |
$1,100,000
↓ $100K
(8.3%) | |
| Price Decreased | |||
| Nov 20, 2024 | Listed | $1,200,000 | |
| Listed | |||
| | |||
|
Great opportunity to own over 2.7 acres of light industrial land in Brevard County! Approximately 456ft of road frontage on Northview Street. Property is located just off of Robert J. Conlan Boulevard, with close proximity to US1, Palm Bay Road & Interstate 95. Surrounding employers include L3Harris, Raytheon, Leonardo DRS and UPS to name a few. The Melbourne International Airport is approximately 15-minutes away.
| |||
| Sep 3, 2020 | Sold | ||
| Sold | |||
Property Highlights
Building Info
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Price/ft²
Listed On
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About Palm Bay
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017