34
Map
302 5th Avenue
About This Property
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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.
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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 |
|---|---|---|---|
| Oct 1, 2026 | Listed by Keller Williams Realty Brevard | $615,000 | |
| Listed by Keller Williams Realty Brevard | |||
| Mar 6, 2023 | Sold | ||
| Sold | |||
| Jan 23, 2023 | Listed by Keller Williams Realty Brevard | $659,000 | |
| Listed by Keller Williams Realty Brevard | |||
| Apr 1, 2020 | Sold | ||
| Sold | |||
| Feb 26, 2020 | Listed by Hoven Real Estate | $375,000 | |
| Listed by Hoven Real Estate | |||
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PHOTOS COMING SOON. Located in one of the most sought after Melbourne Beach neighborhoods. This fully renovated beachside cottage sits between the ocean and the Indian River and is only a short walk to the beach. This property offers ultimate privacy as it is nestled within mature, lush landscaping. Bike or walk to Ryckman Park, market, pier, community boat ramp, library, casual and fine dining.Solid stucco over concrete block construction. New metal roof, impact windows, a/c, exterior impact doors, interior doors, porcelain tile floors, bathrooms, and kitchen. Energy efficient and low carrying costs. Irrigation system for landscaping. Spacious crushed coquina rock driveway. Yard is large enough to add a pool and build an addition.
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About Melbourne Beach
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$8,000 /mo
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- 3 Baths
- 1,917 ft²
$5,500 /mo
- 4 Beds
- 3 Baths
- 3,200 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017