215 Cartier Avenue
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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 |
|---|---|---|---|
| Sep 5, 2025 | Listed | $394,900 | |
| Listed | |||
| | |||
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Set on a quiet cul-de-sac in Melbourne's desirable Southgate community, this 4-bed, 2-bath home delivers an easygoing lifestyle where indoor comfort flows seamlessly into outdoor enjoyment. With 1,755 sq ft of living space on a generous corner lot, the home combines practical updates—like a new roof (2020), water heater (2024), newer PGT windows, and a 2-car garage—with stylish touches including all-wood cabinetry, tile & LVP flooring, and a thoughtful split-bedroom layout. The primary suite offers privacy with its en-suite bath featuring a walk-in shower, while the remaining bedrooms provide flexibility for family, guests, or a home office. At the heart of it all, the private in-ground pool sets the scene for weekends spent unwinding under the Florida sun. Beyond the pool, ancient live oaks rise with timeless presence, attracting a daily show of wildlife—falcons, herons, egrets, blue jays, cardinals, doves, hawks, and even flashes of bright green parrots. The mix of bird calls, shaded canopy, and occasional visits from turtles or owls gives the backyard a calm, park-like ambiance, transforming everyday living into something quietly extraordinary.
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| Mar 18, 2025 | Sold | ||
| Sold | |||
| Mar 4, 2025 | In contract | - | |
| In contract | |||
| Feb 20, 2025 | Price Decreased |
$385,000
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Jan 9, 2025 | Price Decreased |
$395,000
↓ $10K
(2.5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017