2578 Sarno 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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 15, 2021 | In contract | - | |
| In contract | |||
| Mar 30, 2021 | Price Decreased |
$174,900
↓ $5K
(2.8%) | |
| Price Decreased | |||
| Mar 10, 2021 | Listed | $179,900 | |
| Listed | |||
| | |||
|
Welcoming 3/1 home centrally located in Melbourne. Plenty room for parking with a horseshoe driveway. Lovely fenced in backyard with a shed and room for a pool, garden, swing set, etc.Please call/text Candace Mulvaney with RE/MAX Elite @ 321-544-5860 with any questions. The manager has listed the unit size as 1176 square feet.
| |||
| Feb 10, 2016 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017