3172 Balboa Place
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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 |
|---|---|---|---|
| Nov 2, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $359,900 | |
| Listed | |||
| | |||
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Call Laureen direct at 321-514-7288 for your private showing. What a find! This nearly new ''Kennedy'' floorplan, constructed by Lennar Homes in 2015, has thousands in extras including wood-look tile flooring, kitchen pull outs, laundry cabinets, extra fans, custom lighting, surge protection, extended screened porch, full perimeter gutters and extensive landscaping. The gourmet kitchen features granite countertops, stainless appliances, an island, as well as nook & bar seating. Amazing openfloorplan. The front guest bedroom has an ensuite bath perfect as a mother-in-law suite. LARGE master closet and walk-in master shower. Heritage Isle is Brevard's premiere active adult community; the 21,000 sq. ft. Clubhouse is filled with activities. The HOA take care of the lawn & sprinkler maintenance and exterior painting is included in reserves. Only a 15 minute drive to the beach! Check out my website at laureenramsey.com for more featured listings.The manager has listed the unit size as 2302 square feet.
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| Jan 18, 2017 | Listed by RE/MAX Absolute Service Team | $359,900 | |
| Listed by RE/MAX Absolute Service Team | |||
| Sep 14, 2015 | Sold | ||
| Sold | |||
| Sep 10, 2015 | Listed by Non-MLS or Out of Area | $298,000 | |
| Listed by Non-MLS or Out of Area | |||
| | |||
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About Viera West
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017