232 Flamingo Drive
About This Property
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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 21, 2026 | In contract | - | |
| In contract | |||
| Aug 3, 2026 | Listed by Dale Sorensen Real Estate Inc. | $89,000 | |
| Listed by Dale Sorensen Real Estate Inc. | |||
| Jul 18, 2026 | Price Decreased |
$139,900
↓ $9K
(6.1%) | |
| Price Decreased | |||
| Jun 30, 2026 | Listed by Dale Sorensen Real Estate Inc. | $149,000 | |
| Listed by Dale Sorensen Real Estate Inc. | |||
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Welcome to this one-of-a-kind tiny home in the highly sought-after Peacewind Tiny Home Community, where you own the land! Not a land lease! Built in 2022, this thoughtfully designed home features a spacious 12x15 primary bedroom, butcher block countertops, a new porcelain farmhouse sink, gas range, and an updated bath with a zero-entry shower behind a reclaimed 100-year-old barn door. Two lofts provide exceptional storage, while the screened porch is the perfect place to relax. The oversized backyard is a gardener's dream with butterfly-attracting native plants and plenty of room to enjoy the outdoors. Chickens are allowed, making it ideal for a sustainable lifestyle. Peacewind, first approved tiny home community in Brevard; offers low HOA fees, a dog park, community green space, and is conveniently located near I-95, SR 520, shopping, dining, Port Canaveral, Kennedy Space Center, Orlando, and Florida's beautiful beaches.
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| May 5, 2026 | Relisted | $150,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017