14
Map
290 Rita Boulevard
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 |
|---|---|---|---|
| Sep 8, 2026 | Price Decreased |
$325,000
↓ $25K
(7.1%) | |
| Price Decreased | |||
| May 23, 2026 | Listed by LPT Realty LLC | $349,900 | |
| Listed by LPT Realty LLC | |||
| Apr 4, 2025 | Price Decreased |
$374,900
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Mar 13, 2025 | Listed | $379,900 | |
| Listed | |||
| | |||
|
Motivated Seller - offers encouraged! Seize the opportunity to own a .22-acre cleared vacant lot in the heart of Melbourne Beach, ready for your dream home! This cleared lot comes with city water, a drain field, and an artesian well—a perfect foundation for your future build. As an added bonus, the owner, a custom builder, is offering a $30K credit if you choose to build with him, giving you the option to create a fully customized home or bring your own vision to life. Enjoy an unbeatable location where you can walk, bike, or take a golf cart to the beach, Spessard Holland Park, Flutie Field, and the Ocean Avenue, home to charming shops, restaurants, and the scenic Ryckman Park & Pier. Don't miss this fantastic chance to build in one of Melbourne Beach's most sought-after areas.
| |||
| Jan 26, 2023 | Sold | ||
| Sold | |||
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About Ocean Edge Colony
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$8,000 /mo
- 3 Beds
- 3 Baths
- 1,917 ft²
$3,500 /mo
- 3 Beds
- 2 Baths
- 1,400 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017