2129 Pineapple Avenue
About This Property
Privacy fence with electric gate entrance leads you down the beautiful private 300 ft crush shell driveway. Relax in the hot tub while you watch the beautiful sunrises and sunsets. Enjoy the abundance of wildlife with the 2 outdoor paved patios or screened in porch with cypress ceiling and 10ft slider for Florida's indoor/outdoor living.
Top of the line appliances. Carrera marble counter tops. Custom soft close cabinets. All new PGT impact windows and sliders. 250 gallon underground propane tank suppling gas range, tankless hot water heater, and dryer. 550 sq foot detached garage. This is a rare property with too many lovely details to list.
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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 |
|---|---|---|---|
| Jan 30, 2020 | Sold | ||
| Sold | |||
| Oct 30, 2019 | Listed by FlatFee.com | $698,000 | |
| Listed by FlatFee.com | |||
| Aug 24, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $450,000 | |
| Listed | |||
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CONTACT Denise Contella, 321-693-5461, [email protected] - CHARMING RIVERFRONT COTTAGE with lush, tropical landscaping. Direct Indian Riverfront on .71 acre treed lot. Bring your boat! Dock and covered slip replaced in 2005 with 200-amp electrical service replaced in 2002. Cozy 2-bedroom, 1 bath home with terrazzo flooring throughout. Both bedrooms have direct river views. Watch dolphins play from spacious screened porch. Septic tank and drainfield replaced and relocated in 2011. City water and propane tank for hot water heater. Convenient to I-95, beaches, shopping, and Historic Eau Gallie Arts District. Come see it today! CONTACT Denise Contella, [email protected], 321-693-5461The manager has listed the unit size as 881 square feet.
| |||
| May 8, 2017 | Listed by FlatFee.com | $450,000 | |
| Listed by FlatFee.com | |||
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About Melbourne
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017