287 Current Drive #613
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%.
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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 |
|---|---|---|---|
| Nov 25, 2020 | Sold | ||
| Sold | |||
| Oct 20, 2020 | Listed by Denovo Realty | $187,900 | |
| Listed by Denovo Realty | |||
| |||
|
River Way is a gated riverfront community in a resort like setting with clubhouse, gym, volleyball & tennis courts, walking/jogging trails, large heated pool, deep water dock with boats slips, canoe/kayak storage, riverside recreation with BBQ & picnic areas! This condo boasts a beautiful kitchen upgraded with quartz countertops, wood cabinets with SOFT closing and stainless appliances. Tile floors 17x17 throughout the main living area and screened porch, where you can relax and enjoy the Florida Lifestyle. Spacious upstairs bedroom with tub/shower.
New roof!! Location is great, close to Viera restaurants and shopping, easy access to the Beach. Monthly fees include internet, basic cable, roof replacement/repairs, trash collection, & lawn care! Hurry! You won't be disappointed.
| |||
| Oct 13, 2017 | Sold | ||
| Sold | |||
| Jul 22, 2017 | Listed by RE/MAX Solutions | $165,000 | |
| Listed by RE/MAX Solutions | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/20/2020
|
2 Bed
|
1 Bath
|
1190 ft²
|
$187,900
2 Bed
1 Bath
1190 ft²
|
$183,000
-2.61%
11/25/2020
|
Flavia Barrial
DENOVO REALTY
| |
|
07/30/2017
| |
2 Bed
|
1.5 Bath
|
1190 ft²
|
-
2 Bed
1.5 Bath
1190 ft²
|
-
-
|
-
|
|
07/22/2017
|
2 Bed
|
1 Bath
|
1190 ft²
|
$165,000
2 Bed
1 Bath
1190 ft²
|
$160,000
-3.03%
10/13/2017
|
C Anne Humphreys
Keller Williams Space Coast
|
Building Info
About Brevard
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017