2561 Dairy Road
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 |
|---|---|---|---|
| May 21, 2026 | Price Decreased |
$275,000
↓ $25K
(8.3%) | |
| Price Decreased | |||
| Jan 23, 2026 | Listed by RE/MAX Elite | $300,000 | |
| Listed by RE/MAX Elite | |||
| Mar 21, 2025 | Price Decreased |
$275,000
↓ $25K
(8.3%) | |
| Price Decreased | |||
| Jan 27, 2025 | Listed | $300,000 | |
| Listed | |||
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Prime 1.34-Acre Lot on Dairy Rd - Your Vision Starts Here! Discover the perfect opportunity to build your dream home or create an outstanding investment property on this spacious 1.34-acre lot in the heart of Melbourne, Florida. Located on highly desirable Dairy Rd, this rare parcel combines convenience, accessibility, and limitless potential.
For homeowners, this property offers the freedom to design a custom retreat tailored to your lifestyle, with space for a sprawling home, outdoor entertainment, or even a garden or pool. Imagine living in a peaceful yet centrally located setting, just minutes from top schools, shopping, and dining.
For investors, this is a prime opportunity to develop a high-demand property in a thriving market. Whether it's a multi-unit residential project or something else, the size and location make it a standout choice.
Call today to secure this incredible property and bring your vision to life!
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| Sep 7, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017