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2433 Allan Adale Road
About This Property
Welcome to Allen Adale Rd in Sherwood Park-ideally located near US 1 & I-95, offering quick access north to the Cape, south to Grumman, L3 Harris, and Melbourne Airport. Head east over the causeway to gorgeous beaches or take 520 for a fast ride to Orlando's theme parks. Zoned for top Brevard County schools, with great shopping and healthcare nearby. This partially remodeled, open floor plan home features 3 bedrooms and 2 baths, blending modern mid-century design with updated flooring. Enjoy a large, fenced backyard with a spacious shed-perfect for lawn equipment or beach toys. Upgrades include a 2019 roof, 2016 AC, 2022 water heater, and window shutter; plus a versatile, separate laundry room with extra storage. Moreover, there is no HOA so bring the boats, jet skis, and all the toys necessary to enjoy the Florida lifestyle.
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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%.
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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.
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 |
|---|---|---|---|
| Mar 31, 2025 | Sold | ||
| Sold | |||
| Mar 11, 2025 | In contract | - | |
| In contract | |||
| Mar 4, 2025 | Relisted | $249,000 | |
| Relisted | |||
| Mar 1, 2025 | In contract | - | |
| In contract | |||
| Feb 21, 2025 | Listed by Real Estate Solutions Brevard | $249,000 | |
| Listed by Real Estate Solutions Brevard | |||
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About Sherwood Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017