2883 Regency DRIVE #2883
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 |
|---|---|---|---|
| May 12, 2023 | Sold | ||
| Sold | |||
| May 12, 2023 | Listed by Non-MLS or Out of Area | $169,900 | |
| Listed by Non-MLS or Out of Area | |||
| | |||
|
2/2 condo
| |||
| Mar 14, 2023 | Listed by OFFERPAD BROKERAGE FL, LLC | $169,900 | |
| Listed by OFFERPAD BROKERAGE FL, LLC | |||
| Mar 14, 2012 | Sold | ||
| Sold | |||
| Jan 18, 2012 | Listed by Coldwell Banker Residential RE | $45,000 | |
| Listed by Coldwell Banker Residential RE | |||
| | |||
|
IMMACULATE, REMODELED GROUND FLOOR UNIT! This 2 bedroom, 2 bath unit features brand new tile in EVERY room, with new designer paint throughout! Kitchen features brand new, all matching appliances as well! Unit is on the ground floor, with a private, screened porch and no back neighbors! Coral Gardens community is gated, and features a large swimming pool, racquetball and tennis courts, playground, and much more! Don''t miss this one! Makes a great investment, or a perfect home away from home!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/14/2023
|
2 Bed
|
2 Bath
|
996 ft²
|
$169,900
2 Bed
2 Bath
996 ft²
|
$165,000
-2.88%
05/12/2023
|
Rob Jones
OfferPad Brokerage LLC
| |
|
01/18/2012
|
2 Bed
|
2 Bath
|
996 ft²
|
$45,000
2 Bed
2 Bath
996 ft²
|
$44,500
-1.11%
03/14/2012
|
Pamela Durkin
Coconut Properties Fl Real Est
|
Building Info
About Melbourne
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017