105
Map
224 Melbourne Avenue
About This Property
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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.
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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 3, 2022 | Sold | ||
| Sold | |||
| Oct 15, 2021 | Listed by Kirschner Real Estate G | $880,000 | |
| Listed by Kirschner Real Estate G | |||
| Aug 19, 2015 | Listed by Non-MLS or Out of Area | $480,000 | |
| Listed by Non-MLS or Out of Area | |||
| | |||
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Beautiful home in the very popular 'SOFA' area of Indialantic (South Of Fifth Ave). Wonderful split plan and open living areas with great views of pool area and mature landscaping. Two Master Suites, one of which is currently utilized as a den, both opening onto pool. Comfortable modern kitchen with stainless appliances, Granite counters, great and plentiful cabinets, and roomy pantry. Separate mudroom with huge indoor laundry room opening into oversized garage.
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| Aug 3, 2015 | Sold | ||
| Sold | |||
| Sep 14, 1993 | Sold | ||
| Sold | |||
Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Indialantic by The Sea
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$2,785 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017