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2504 Watkins Drive
About This Property
NO SHOWINGS UNTIL 10/13/2023! Probate is Complete and Final Homestead Documents Are Being Filed w/ the Clerk of Courts. Please Allow Adequate Time for Acceptance and Closing!
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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 20, 2024 | Sold | ||
| Sold | |||
| Apr 16, 2024 | In contract | - | |
| In contract | |||
| Feb 20, 2024 | Listed by Noble & Co. R.E. Professionals | $499,000 | |
| Listed by Noble & Co. R.E. Professionals | |||
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UNDER CONTRACT ACCEPTING BACKUPS. OWNER FINANCING AVAILABLE!! COMPLETELY REMODELED 3-BED 2-BATH HOME IN MELBOURNE. This charming and sophisticated house boasts 1831 in living space and has undergone a top to bottom renovation, boasting modern finishes and stylish touches throughout. Completely remodeled interior features all new oversized porcelain tile in the main areas and porch. LV flooring in bedrooms. Open and spacious floor plan offers cooks delight kitchen with waterfall center island, quartz countertops, white cabinets with soft close doors and drawers, built in pantry w/ pullout shelves, hidden garbage can, stainless appliances plus elec.for wine frig. Modern bathrooms with designer tilework, quartz countertops, high rise toilets and all new plumbing. Recessed lighting in each bedroom, living room & kitchen. Brand new windows, sliders and entrance door all impact rated. Expansive screened in porch opens up to the main living area and owners suite. Plenty of room for a pool.
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| Nov 17, 2023 | Sold | ||
| Sold | |||
| Oct 4, 2023 | Listed by Noble & Co. R.E. Professionals | $175,000 | |
| Listed by Noble & Co. R.E. Professionals | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017