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3255 Hield Road
About This Property
COUNTRY LIVING just minutes away from all the every day conveniences of West Melbourne! NO HOA! Situated on a fully fenced .43 acre, this property allows both privacy and plenty of room to add a pool! Home is completely remodeled featuring high end wood plank flooring, Italian refrigerator and gas stove, leathered granite countertops and high end cabinets. MOST importantly, owners have recently installed a CERO whole house RO water filtration system for pristine water flowing from every faucet.
Owners have also just installed a brand new state of the art ATU septic system, allowing peace of mind for new buyers for years to come. Extra insulation blown in attic for cooling efficiency.
Current termite bond with Price Pest Control for additional preventative maintenance. Home is completely move in ready!
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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 |
|---|---|---|---|
| Jul 11, 2026 | Price Decreased |
$429,000
↓ $6K
(1.4%) | |
| Price Decreased | |||
| Jun 6, 2026 | Listed by Coldwell Banker Paradise | $435,000 | |
| Listed by Coldwell Banker Paradise | |||
| Oct 21, 2022 | Sold | ||
| Sold | |||
| Aug 18, 2022 | Listed by Coldwell Banker Paradise | $412,000 | |
| Listed by Coldwell Banker Paradise | |||
| Jan 4, 2022 | Sold | ||
| Sold | |||
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About Lucille Gardens
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017