2815 Burton Place
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 8, 2025 | Sold | ||
| Sold | |||
| Aug 25, 2025 | In contract | - | |
| In contract | |||
| Aug 22, 2025 | Listed by Island Pineapple Realty, LLC | $299,000 | |
| Listed by Island Pineapple Realty, LLC | |||
| |||
|
Solid concrete block home on a .38-acre lot at the end of a quiet cul-de-sac, ideally located in central Melbourne just minutes from Florida Tech. This property offers instant equity with even more upside once repairs are completed. Step inside to an updated kitchen with shaker-style cabinets, granite countertops, and stainless steel appliances. Upgraded windows with storm shutters add value and peace of mind. Enjoy Florida living on the screened-in porch, overlooking the expansive, fully fenced backyard. Whether you're looking for a smart investment property -perfect for long-term student housing- or a comfortable place to call home, this property delivers. Schedule your showing today, this property is priced to sell .
| |||
| Jun 30, 2020 | Sold | ||
| Sold | |||
| Apr 7, 2020 | Listed by Better Homes & Gardens RE Star | $195,000 | |
| Listed by Better Homes & Gardens RE Star | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017