2361 Delaware Drive
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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 |
|---|---|---|---|
| Jul 5, 2023 | Sold | ||
| Sold | |||
| Oct 3, 2018 | Sold | ||
| Sold | |||
| Aug 4, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $79,900 | |
| Listed | |||
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Centrally located with a newer roof, this two bedroom house in the Crestview neighborhood of Melbourne is a mid-century classic. Roy Allen Elementary is located within the neighborhood. There is easy access to Sarno and Wichkam, Eastern Florida State College, Melbourne-Orlando Airport, with shopping, beaches, boat ramps, fishing and city parks nearby. Sold in as-is, where-is condition. Call or Text Josh Thompson 321-205-3387 or Jason Engle 321-501-1335 for more information. www.EngleThompsonGroup.com Check your home's value now at www.condoandhomevalues.comThe manager has listed the unit size as 816 square feet.
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| Jun 14, 2017 | Listed by Dale Sorensen Real Estate Inc. | $79,900 | |
| Listed by Dale Sorensen Real Estate Inc. | |||
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About Cresthaven Homes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017