22
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300 Oak Street
About This Property
More details and photos coming soon!
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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 |
|---|---|---|---|
| Apr 30, 2026 | Sold | ||
| Sold | |||
| Apr 1, 2026 | In contract | - | |
| In contract | |||
| Mar 5, 2026 | Listed by Compass Florida, LLC | $1,125,000 | |
| Listed by Compass Florida, LLC | |||
| | |||
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Big sky, salt air, & room to breathe--this fully updated Melbourne Beach retreat on a sprawling .42-acre lot delivers the coastal lifestyle most only dream about. Deeded ocean access shared by just 20 homes means sunrise walks on a quiet stretch of sand are part of your daily rhythm. Inside, modern, light-filled spaces shine w/ LVP & tile throughout, a lime-washed brick wood-burning fireplace, & a stunning kitchen featuring granite counters, white cabinetry, SS appliances, & a custom banquette built for slow mornings after the surf. Walls of impact-rated windows frame the backyard oasis where a saltwater pool glistens w/ a brand-new Tahoe Blue freestone finish, new pump, new electric panel & TruClear system. 2025 brought paver drive & pool deck, wrap-around path to the garage, Sherwin Williams exterior paint, board-on-board fencing, epoxy garage floor & a Trane Hyperion system. Newer roof, 2023 electrical updates, septic service, & full interior refresh complete a home that lives effortlessly between beach days & poolside nights.
| |||
| Oct 14, 2025 | Price Decreased |
$1,180,000
↓ $60K
(4.8%) | |
| Price Decreased | |||
| Aug 25, 2025 | Price Decreased |
$1,240,000
↓ $40K
(3.1%) | |
| Price Decreased | |||
Property Highlights
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About Melbourne Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017