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2320 Allan Adale Road
About This Property
Starter Home or Investment Special! This 2 Bedroom, 1 Bath Single Family Home with Open Floor Plan, Central AC and Hurricane Shutters plus it has a Large Covered Carport, Fenced Yard and 2 separate storage areas, all waiting for you to put your personal touch and updates to it! Fantastic Location, close to Eastern Florida State College, Sherwood Elementary, Parks & Recreation Sherwood Pool, The King Center for Performing Arts, Shopping and So Much More! Short Drive to the Beach and all major highways! The location is central to too many things to list! Come make this your home today and move in tomorrow! At this price, the home will go QUICKLY!!
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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 |
|---|---|---|---|
| Jan 23, 2026 | Sold | ||
| Sold | |||
| Dec 26, 2025 | In contract | - | |
| In contract | |||
| Nov 14, 2025 | Listed by Coastal Life Properties LLC | $190,000 | |
| Listed by Coastal Life Properties LLC | |||
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Welcome to this Melbourne home offering the perfect blend of comfort, style, and convenience! Featuring 2 bedrooms and 1 bath. Enjoy peace of mind with a newer roof and mechanicals, plus a convenient location close to shopping, schools, parks, and major roadways. Ready for new owners and full of potential, this home is a must-see!
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| May 24, 2022 | Sold | ||
| Sold | |||
| Apr 4, 2022 | Listed by aReal Estate Service Team | $179,800 | |
| Listed by aReal Estate Service Team | |||
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About Sherwood Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017