34
Map
255 Cardinal Drive
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 |
|---|---|---|---|
| Apr 18, 2025 | Sold | ||
| Sold | |||
| Mar 8, 2025 | In contract | - | |
| In contract | |||
| Feb 20, 2025 | Price Decreased |
$699,999
↓ $45K
(6%) | |
| Price Decreased | |||
| Dec 17, 2024 | Listed by LPT Realty, LLC | $745,000 | |
| Listed by LPT Realty, LLC | |||
| | |||
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Best value on the Beach!! Escape to paradise in Melbourne Beach, FL!. This beautiful home, fully furnished, exudes a tropical feel with a vacation lifestyle year-round. Located between the ocean and the river, you have your choice of outdoor fun! Step inside to discover an open, modern interior bathed in natural light, perfect for relaxing after a day at work or the beach. Enjoy this spacious home plus large covered porch for outdoor entertaining. Primary bedroom is on the 1st floor, with 3 additional bedrooms on the 2nd fl. Lush tropical landscaping creates a serene oasis in your backyard - unwind under swaying palms and soak up the Florida sunshine. Many updates including Newer AC, Newer Septic system and drain-field, Roof 2019! Newer flooring, Newer kitchen, accordion storm shutters, and more! Private ocean and river parks/fishing dock/playground/small boat racks/barbeque with low yearly dues for members.
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| Apr 2, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017