20
Map
2885 Kingston Lane
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 |
|---|---|---|---|
| Dec 23, 2025 | Sold | ||
| Sold | |||
| Dec 12, 2025 | In contract | - | |
| In contract | |||
| Nov 28, 2025 | Listed by Real Broker LLC | $349,900 | |
| Listed by Real Broker LLC | |||
| | |||
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Fully Updated Melbourne Home!
Discover this beautifully remodeled, centrally located Melbourne property that's truly move-in ready. Featuring a new roof and A/C (2022), this home offers peace of mind and modern upgrades throughout. Enjoy a split floor plan, vaulted ceilings, and wide-plank LVP flooring that flows through the entire home. The spacious kitchen is perfect for entertaining, showcasing a massive center island, unique granite tile countertops, and a brand-new stainless steel appliance package. An added bonus is the enclosed porch under air, offering extra living space year-round. The fully fenced backyard is ideal for pets, outdoor gatherings, and family fun.
Additional highlights include:
• Fresh interior and exterior paint
• Updated landscaping
• No cast-iron plumbing concerns (newer home for the area)
Prime location just minutes from I-95, shopping, dining, and less than 20 minutes to the beach.
Move-in ready and beautifully finished — come see it today!
| |||
| Feb 10, 2022 | Sold | ||
| Sold | |||
| Dec 30, 2021 | Sold | ||
| Sold | |||
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About Leewood Forest
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017