257 Cinnamon Lake Circle
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 |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| May 23, 2024 | In contract | - | |
| In contract | |||
| May 11, 2024 | Relisted | $230,000 | |
| Relisted | |||
| May 4, 2024 | In contract | - | |
| In contract | |||
| Apr 26, 2024 | Listed by Coldwell Banker Paradise | $335,000 | |
| Listed by Coldwell Banker Paradise | |||
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There's No Place Like Home! And, all year everyone will want to be home when you have a pool & huge backyard!! All bedrooms are upstairs. Downstairs floor plan has formal living & dining areas as well as family room. Fireplace is considered to be decorative. Nice lanai area for entertaining or soaking up the sun around the pool. Home just needs your updates to be the perfect home. Great price point for room to make those improvements. Laundry in garage - front load washer & dryer convey! Roof replaced 2019. Tile floor throughout downstairs. Powder room downstairs. Bedrooms have ceiling fans. Convenient location - near Florida Tech, Kiwanis Park on the river, historic downtown Melbourne, space related industries & major shopping!
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About Cinnamon Cove
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,000 /mo
- 2 Beds
- 1 Bath
- 875 ft²
$1,980 /mo
- 3 Beds
- 1 Bath
- 1,536 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017