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3104 Swift Street
About This Property
Discover the perfect blend of comfort and convenience in this charming, spacious, one of a kind, Newly renovated home with detached mother in law suite. With 1976 sq ft of living space between them both, this property bolsters an amazing investment opportunity and/or the chance to bring family down and have ensured comfort and space. This property is conviently locatated near 2 public boat ramps, Downtown Melbourne and even the beach. 10 -15 minutes of travel time.
Whether you're drawn to the tranquility of the nearby beach, the excitement of urban exploration, or the comfort of a versatile living arrangement, this home offers a well rounded lifestyle that caters to your every need. Dont miss the opportunity to make this property your own.
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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 |
|---|---|---|---|
| Oct 25, 2023 | Sold | ||
| Sold | |||
| Aug 28, 2023 | Listed by Arium Real Estate, LLC | $265,000 | |
| Listed by Arium Real Estate, LLC | |||
| Aug 1, 2016 | Sold | ||
| Sold | |||
| Apr 26, 2013 | Sold | ||
| Sold | |||
| Feb 15, 2013 | Listed by Coldwell Banker Residential RE | $34,900 | |
| Listed by Coldwell Banker Residential RE | |||
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Two homes on this site. Main home has 3 bedrooms with 1376 sq ft. under air and second home in back offers 2 bedrooms with 600 sq ft. Some repairs are needed but great potential. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Mortgage Financing and HomePath Renovation Mortgage Financing
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About Sunset Homes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017