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2539 Chatham Way NE
About This Property
Inside, the fresh vinyl plank flooring create an airy, open vibe (and yes, it's completely carpet-free!). The kitchen is a bright standout with crisp white cabinetry and a built-in buffet that makes hosting weekend brunches a breeze.
Need space for hobbies? You've got two oversized utility rooms, a fully fenced yard, and a massive enclosed Florida room perfect for afternoon lounging. Whether you're headed to downtown Melbourne or commuting to Harris, everything is right at your fingertips.
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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 |
|---|---|---|---|
| Aug 19, 2026 | Relisted | $160,000 | |
| Relisted | |||
| Jul 1, 2026 | In contract | - | |
| In contract | |||
| Feb 27, 2026 | Listed by Redfin Corp. | $160,000 | |
| Listed by Redfin Corp. | |||
| Jul 9, 2024 | Sold | ||
| Sold | |||
| Jun 27, 2024 | In contract | - | |
| In contract | |||
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About The Shire First
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017