2550 Eagle Drive #3C
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 13, 2025 | Sold | ||
| Sold | |||
| Oct 19, 2025 | In contract | - | |
| In contract | |||
| Oct 1, 2025 | Relisted | $109,900 | |
| Relisted | |||
| Sep 26, 2025 | In contract | - | |
| In contract | |||
| Aug 12, 2025 | Price Decreased |
$109,900
↓ $5K
(4.4%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/19/2025
|
1 Bed
|
1 Bath
|
778 ft²
|
$144,900
1 Bed
1 Bath
778 ft²
|
$112,000
-22.71%
11/13/2025
|
Chris Register
Curri Properties
| |
|
01/03/2019
|
1 Bed
|
1 Bath
|
800 ft²
|
$109,500
1 Bed
1 Bath
800 ft²
|
-
-
|
-
| |
|
04/26/2019
|
1 Bed
|
1 Bath
|
778 ft²
|
$99,900
1 Bed
1 Bath
778 ft²
|
-
-
|
-
| |
|
04/19/2018
|
1 Bed
|
1 Bath
|
-
|
$85,000
1 Bed
1 Bath
|
$80,000
-5.88%
05/04/2018
|
Nanci Gould
Geiger/Gould Properties, LLC
| |
|
06/10/2009
|
1 Bed
|
1 Bath
|
778 ft²
|
$39,900
1 Bed
1 Bath
778 ft²
|
$25,000
-37.34%
01/13/2012
|
Donna Linden
Coldwell Banker Realty
|
Building Info
About Melbourne
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017