2595 Third Avenue NE
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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 |
|---|---|---|---|
| Mar 30, 2026 | Sold | ||
| Sold | |||
| Mar 12, 2026 | In contract | - | |
| In contract | |||
| Mar 8, 2026 | Listed by Waterman Real Estate, Inc. | $289,900 | |
| Listed by Waterman Real Estate, Inc. | |||
| | |||
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Bright, spacious 4-bedroom, 2-bath home in desirable NE Palm Bay -- move-in ready with city water and sewer! This open, family-friendly floor plan features formal living and dining areas, and a fully equipped kitchen with new granite counters, abundant cabinets, a breakfast bar and eat-in space flowing into a large family room. The primary suite includes a walk-in closet, double vanities and a walk-in shower. Sliding doors from the family room open to a newly enclosed lanai -- perfect for year-round outdoor dining and entertaining. Recent updates include a new refrigerator, new washer and dryer, new hot water heater and a roof under 7 years old. Tile throughout and a convenient location near main roads, Harris Corporation, restaurants and shopping make this a must-see! Priced below market value and ready to move -- this one won't last long, act fast!
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| Jun 27, 2024 | Sold | ||
| Sold | |||
| Jun 2, 2024 | In contract | - | |
| In contract | |||
Property Highlights
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About Palm Bay
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017