320 Richards Road
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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.
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 7, 2019 | Sold | ||
| Sold | |||
| Sep 20, 2019 | Listed by Blue Marlin Real Estate | $350,000 | |
| Listed by Blue Marlin Real Estate | |||
| Oct 27, 2018 | No longer available | - | |
| No longer available | |||
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| Jul 20, 2018 | Listed | $351,999 | |
| Listed | |||
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Own your own slice of paradise in this quaint Melbourne Beach neighborhood. With deeded river and beach access, this home is perfect for surfers, fisherman, or anyone who loves the water. Only a short walk to the river, the private boat ramp at the end of the street is an excellent place to enjoy watching the sun set over the river. This solid concrete block, 3 bedroom, 3 bath, 1900sf home with a BRAND NEW ROOF has been meticulously maintained. The spacious, fenced backyard offers privacy with room for a pool. A+ rated schools, and only minutes to shopping, golf course and restaurants. Most homes on Richards Street sell by word of mouth, don't miss out on your chance to stake your claim in this desirable neighborhood.CALL OR TEXT AARON FOR INFO OR TO SCHEDULE A SHOWING 321-210-6529 The manager has listed the unit size as 1910 square feet.
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About Brevard
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017