231 Ash Street
About This Property
property. This property is a tear down. Price is based on the lot.
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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 |
|---|---|---|---|
| Aug 12, 2024 | Sold | ||
| Sold | |||
| May 29, 2024 | Listed by Partnership Realty Inc. | $325,000 | |
| Listed by Partnership Realty Inc. | |||
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HOME SWEET HOME! This stunning 3-bedroom, 2-bathroom single-family residence in the beautiful city of Melbourne has been completely renovated and is ready for you to move in. Enjoy the freedom of no HOA and the peace of mind that comes with a fully updated property. Step inside to discover gorgeous, all-tile flooring throughout, creating a sleek and modern feel. The home features impact windows, providing both safety and energy efficiency. The kitchen is a chef's delight, boasting brand-new stainless-steel appliances that gleam against the elegant finishes. Additional upgrades include a new roof (2024) and a new A/C (2024), ensuring years of comfort and reliability. Conveniently located close to major highways and shopping centers, this home offers easy access to everything you need. Don't miss out on this opportunity to own a beautifully finished, move-in-ready home in one of Melbourne's most desirable areas!
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| Feb 23, 2024 | Sold | ||
| Sold | |||
| Dec 14, 2023 | Listed by RE/MAX Elite | $69,000 | |
| Listed by RE/MAX Elite | |||
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About June Park
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Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 982567
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