247 Forecast Lane #621
About This Property
Beautiful, well-maintained 3 Bed, 2 Bath, 2 Car Garage, Private entrance, concrete block.
This unit has been updated w/new Cabinets, Granite counters, Tile Floors, nice size Kitchen with a view, Gas oven. Huge living room with expansive view of Lake and River.The master has a shower, walk-in and enclosed patio just steps from the Pool. River Way is a gated Waterfront community on the Indian River / Intracoastal waterway. Amenities include a deep water marina with slips available, Fishing pier, Riverside BBQ / Picnic area, Tennis / Pickleball CTS, Resort size heated Pool, Club House with facilities and fitness room, nature trails, See Private Remarks
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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.
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 |
|---|---|---|---|
| May 15, 2024 | Sold | ||
| Sold | |||
| Apr 29, 2024 | In contract | - | |
| In contract | |||
| Apr 24, 2024 | Listed by CENTURY 21 Baytree Realty | $328,500 | |
| Listed by CENTURY 21 Baytree Realty | |||
| Apr 6, 2018 | Sold | ||
| Sold | |||
| Feb 23, 2018 | Listed by Pastermack Real Estate | $209,000 | |
| Listed by Pastermack Real Estate | |||
| |||
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Gorgeous one-story end unit overlooking a large, serene lake with a wide view of the Indian River from most rooms. Fabulous bird watching & wildlife. Stunning gourmet kitchen is the jewel of this well designed floor plan (see attached).Large Master Suite has private porch attached, expanding your usage of outdoor space. Two roomy bedrooms & rare 2 CAR GARAGE. Gated community with Excellent location SEE ROCKET LAUNCHES! Minutes from Viera & shopping, ORLANDO INTERNATIONAL AIRPORT and PORT CANAVERAL. Community DOCK, TENNIS & CLUBHOUSE. BOAT SLIPS are handled by a different entity and are wait listed at the present time. Make your appt to see this amazing home today!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/24/2024
|
3 Bed
|
2 Bath
|
1044 ft²
|
$328,500
3 Bed
2 Bath
1044 ft²
|
$315,000
-4.11%
05/15/2024
|
Dale Cox
CENTURY 21 Baytree Realty
| |
|
02/23/2018
|
3 Bed
|
2 Bath
|
1330 ft²
|
$209,000
3 Bed
2 Bath
1330 ft²
|
$209,000
04/06/2018
|
S. Carla Jones
Pastermack Real Estate
|
Building Info
About Brevard
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017