8
Map
306 Yale Avenue
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 |
|---|---|---|---|
| Mar 26, 2025 | Sold | ||
| Sold | |||
| Feb 9, 2025 | In contract | - | |
| In contract | |||
| Feb 6, 2025 | Listed by EXP Realty LLC | $269,000 | |
| Listed by EXP Realty LLC | |||
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Do not miss this light, bright and charming Florida cottage! Impeccably clean and pleasingly decorated throughout. Many updates throughout with an open floor plan, large fenced backyard, screened patio and side entry one car garage. Newer baths, kitchen, flooring, ss appliances, water heater, electrical panel, washer dryer, interior/exterior paint, ceiling textures, crown moulding and so much more. Backs to a canal for privacy. New hurricane rated slider to your porch. Huge shed in backyard for storage, man cave or she shed or hobbies! Outstanding investment or great permanent residence. A short walk to Florida Tech and very close to historic downtown Melbourne, shopping and dining, hospital, medical and mere minutes to the beach. Many major employers nearby Inc. L3 Harris, Northrop Grumman, DRS, HOLMES regional and more. City Water & Sewer! All information deemed reliable but buyer to verify.
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| Jul 2, 2020 | Sold | ||
| Sold | |||
| May 30, 2020 | Listed by Melbourne Realty, Inc. | $179,900 | |
| Listed by Melbourne Realty, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017