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2793 Notre Dame Avenue
About This Property
Desirable Fountainhead updated three bedroom two bath home sitting on a large fenced in corner lot. Updates include NEW ROOF, New A/C, beautiful kitchen with designer cabinets with soft close drawers/doors, granite counter tops and stainless steel appliances. Both baths feature new tile and fixtures. Durable gorgeous laminate flooring thru out home. Large indoor laundry/utility room. This home is located in the heart of Melbourne convenient to shopping, restaurant's, entertainment, schools, Melbourne Airport, and major employers.
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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 |
|---|---|---|---|
| Aug 8, 2022 | Sold | ||
| Sold | |||
| Jul 8, 2022 | Listed by RE/MAX Aerospace Realty | $259,900 | |
| Listed by RE/MAX Aerospace Realty | |||
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| Jul 26, 2018 | Sold | ||
| Sold | |||
| Jun 8, 2018 | Listed | $100,000 | |
| Listed | |||
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Location! Location! Location! - This is a 3 bedroom 2 bath home located in Fountainhead area in Melbourne.This is a fixer upper. Sold AS IS. No warranties or guarantees. The manager has listed the unit size as 1075 square feet.
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About Fountainhead
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017