2483 NOBILITY Avenue
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 |
|---|---|---|---|
| May 5, 2026 | Sold | ||
| Sold | |||
| Apr 1, 2026 | In contract | - | |
| In contract | |||
| Mar 20, 2026 | Price Decreased |
$470,000
↓ $20K
(4.1%) | |
| Price Decreased | |||
| Feb 26, 2026 | Listed by Better Homes & Gardens RE Star | $490,000 | |
| Listed by Better Homes & Gardens RE Star | |||
| | |||
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Recent upgrades include a brand-new roof (2026), new gas water heater (2026), new A/C (2024), storm shutters, and newer windows for comfort. This meticulously maintained home in the sought-after Kingsmill subdivision in Melbourne offers style, space, and true peace of mind. The kitchen features a functional layout filled with natural light, perfect for daily living and entertaining. Inside, knockdown ceilings (2022) and fresh paint throughout, including the garage, enhance move-in readiness. Outside, the pool area features a new screen (2024), updated pool pump, skimmer, and valves (2025), and a freshly painted pool deck (2026). A screened-in lanai provides year-round relaxation and wildlife viewing. The fully fenced property also features an expanded driveway with two oversized 12-foot double gates and a paved area behind the fence, ideal for boat or trailer storage. This pool home offers a private, tranquil setting and is ready to be enjoyed from day one.
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| Aug 9, 2016 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017