2575 1st Avenue NE
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 29, 2025 | Listed | $220,000 | |
| Listed | |||
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Why waste money on rent when you can own this adorable updated home? Newer easy to maintain laminate flooring throughout, inside freshly painted, new roof in 2023, newer water heater and light fixtures! Modern kitchen with new range and exhaust fan. Relax on the spacious screened porch or the large private back porch. NO Association fees! Bring all your toys! There is plenty of room for all your toys in this fenced-in backyard. Just minutes away to Palm Bay Marina, Pollak Park, Castaway Point Park, Turkey Creek, and a short drive to the beach! This home is centrally located close to EVERYTHING: restaurants, shopping, L3Harris, and I-95! Live, work, and play in NE Palm Bay! VACANT LOT NEXT DOOR IS ALSO FOR SALE AT $75K.
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| Sep 1, 2016 | Sold | ||
| Sold | |||
| Jun 12, 2016 | Listed by RE/MAX Aerospace Realty | $52,000 | |
| Listed by RE/MAX Aerospace Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017