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3285 Salt Marsh Circle
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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 |
|---|---|---|---|
| Apr 11, 2024 | Sold | ||
| Sold | |||
| Feb 21, 2024 | Listed by Compass Florida, LLC | $635,000 | |
| Listed by Compass Florida, LLC | |||
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Welcome to your dream home in West Melbourne! This stunning 4-bed, 3-bath residence boasts an array of desirable features. As you step inside, you'll be greeted by charming wood details on the walls in the great room and master bedroom, adding warmth and character to the space. The home is ideally located in a desirable area, central to I-95 access and shopping amenities, providing convenience and ease of living. Built just 6 years ago, this home offers modern comforts and a contemporary layout. Situated on a corner lot, you'll enjoy the added privacy and expansive outdoor space, complete with sprinkler system and access to the serene lake. The kitchen is equipped with stainless steel appliances, perfect for culinary enthusiasts. Don't miss out on the opportunity to call this West Melbourne gem your own!
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| Aug 24, 2022 | Sold | ||
| Sold | |||
| Jun 1, 2022 | Listed by BHHS Florida Realty | $595,000 | |
| Listed by BHHS Florida Realty | |||
| Sep 10, 2018 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017