2755 School Drive 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 |
|---|---|---|---|
| Apr 14, 2026 | Sold | ||
| Sold | |||
| Mar 12, 2026 | In contract | - | |
| In contract | |||
| Mar 10, 2026 | Listed by Redfin Corp. | $419,000 | |
| Listed by Redfin Corp. | |||
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Move-in ready 3-bedroom, 2.5-bath POOL home offering the perfect blend of space, safety, and modern convenience on an impressive oversized 0.38-acre lot. Located close to beach access and water access for boating, the property also features double side gates for convenient boat or RV storage. This well-maintained home in Palm Bay includes city water and city sewer and no HOA. Enjoy peace of mind with major upgrades including a 2016 roof, 2020 HVAC system, water heater, and updated electric panel. The traditional first floor features a formal dining room and a spectacular great room with soaring vaulted ceilings and a stunning stone wood-burning fireplace. The kitchen is bright and inviting with a cozy breakfast nook overlooking the pool. An oversized primary suite with an ensuite bathroom, along with a convenient first-floor laundry room and half bath, completes the main level. Upstairs, a versatile loft perfect for a home office or flex space connects two spacious bedrooms and a full bathroom with dual vanities and a shower. Step outside to your private backyard retreat featuring a covered and screened-in lanai with pull-down shades, a heated pool, and a heated spa for year-round enjoyment. The large backyard, adjacent to Palm Bay Elementary, includes a double-door fence entry, a large storage shed, and additional concrete parking space large enough for a boat or RV. Enjoy an excellent location with walkability to nearby park trails and recreational sports areas. Just 3 minutes to the local boat ramp, 6 minutes to Castaway Point Park for pier fishing, and only 14 minutes to the beach. Hammock Landing, offering a wide variety of dining and shopping options, is just 15 minutes away. Schedule your private tour today to experience this beautiful home in person!
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| Aug 19, 2022 | Sold | ||
| Sold | |||
| Jun 27, 2022 | Listed by Denovo Realty | $429,000 | |
| Listed by Denovo Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017