$222,000
●
House -
Off Market
2262 Monroe Street NE
Palm Bay, FL 32905
3 Beds
2 Baths
1,650 Ft²
$249,038
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model
About This Property
BEAUTIFULLY REMODELED HOME IN GREAT LOCATION! Don't miss your
opportunity to own this gem ONLY 10-15 MINUTES FROM THE BEACH! As
you walk through you are greeted with an enormous living room,
right next to the open kitchen with granite countertops, brand new
stainless steel appliances, and your dining area! Add a couple of
bar stools and you have tons of space to eat and enjoy with the
family. Throughout the rest of the home you have each of the
bedrooms with new vinyl flooring all throughout. Each of the
bathrooms has also been completely redone and features brand new
everything, with great space as well! This one won't last long!
Send us a message today!
Unit Size
1,650 Ft²
Days on Market
18 days
Land Size
0.16 acres
Price per sqft
$144
Property Type
House
Property Taxes
$16
HOA Dues
-
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 months ago (Space Coast MLS #940121)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 26, 2022 | Sold | ||
| Sold | |||
| Jun 27, 2022 | Listed by EMPIRE NETWORK REALTY | $252,900 | |
| Listed by EMPIRE NETWORK REALTY | |||
| | |||
|
BEAUTIFULLY REMODELED HOME IN GREAT LOCATION! Don't miss your opportunity to own this gem ONLY 10-15 MINUTES FROM THE BEACH! As you walk through you are greeted with an enormous living room, right next to the open kitchen with granite countertops, brand new stainless steel appliances, and your dining area! Add a couple of bar stools and you have tons of space to eat and enjoy with the family. Throughout the rest of the home you have each of the bedrooms with new vinyl flooring all throughout. Each of the bathrooms has also been completely redone and features brand new everything, with great space as well! This one won't last long! Send us a message today!
| |||
| Oct 25, 2017 | Sold | ||
| Sold | |||
| Aug 30, 2017 | Listed by ITG Realty | $49,999 | |
| Listed by ITG Realty | |||
   | |||
|
Calling all investors looking for a great return on their investment. The possibilities are endless as it's a 'true' 4 bedroom with closets however it currently has a total of 6 bedrooms that could easily be turned into 7 for rental purposes. Even after sinking 30-40K into this house it still kicks off a great ROI. Prior owner was renting each room for $125-150 week however conservatively you could get $1,200+/month through Section 8. If desired to flip the house could be worth 105-120K fixed up. CASH SALE ONLY due to the condition of the house. House has been re-plumbed with CPVC through the attic. Make your appointment today.
| |||
Property Highlights
Garage
Parking Available
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Sold On
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HOA + Taxes
About Palm Bay
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Listed by: Maria Corona, Empire Network Realty, Inc
Last Updated: 3 months ago
Data Source: Space Coast MLS, MLS# 940121
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Last Updated: 3 months ago
Data Source: Space Coast MLS, MLS# 940121
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