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2501 Amberly Road NE
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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 |
|---|---|---|---|
| Apr 17, 2026 | Sold | ||
| Sold | |||
| Mar 16, 2026 | In contract | - | |
| In contract | |||
| Mar 6, 2026 | Listed by LPT Realty, LLC | $183,500 | |
| Listed by LPT Realty, LLC | |||
| |||
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Perfectly positioned in a highly desirable location, this beautifully updated property presents an exceptional opportunity for both homeowners and investors. Currently operating as a successful short-term rental with over 70% Airbnb booking performance, the home demonstrates strong income potential in Brevard County's thriving Space Coast market. Inside, quartz countertops throughout provide a modern, durable finish that complements the bright open-concept floorplan. The spacious primary suite features a walk-in closet for added comfort and storage. The property also offers RV and boat parking with convenient proximity to public boat ramp river access, a rare and highly sought-after feature for both residents and vacation guests. Just minutes from Downtown Melbourne, Hammock Landings, and the pristine beaches of the Space Coast, residents and visitors enjoy easy access to waterfront dining, boutique shopping, and outdoor recreation.
| |||
| Apr 11, 2025 | Price Increased |
$218,000
↑ $3K
(1.4%) | |
| Price Increased | |||
| Apr 11, 2025 | Relisted | $215,000 | |
| Relisted | |||
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About The Shire First
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017