335 Paradise Boulevard #67
About This Property
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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%.
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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 16, 2020 | Sold | ||
| Sold | |||
| Oct 28, 2020 | Listed by RE/MAX Aerospace Realty | $262,500 | |
| Listed by RE/MAX Aerospace Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/13/2025
|
2 Bed
|
2 Bath
|
1692 ft²
|
$399,500
2 Bed
2 Bath
1692 ft²
|
$285,000
-28.66%
06/13/2025
|
Carola Mayerhoeffer
One Sotheby's International
| |
|
05/31/2024
|
2 Bed
|
2 Bath
|
1358 ft²
|
$377,500
2 Bed
2 Bath
1358 ft²
|
$340,000
-9.93%
11/26/2024
|
Barbara Lyn
RE/MAX Elite
| |
|
08/17/2023
|
2 Bed
|
2 Bath
|
1300 ft²
|
$365,900
2 Bed
2 Bath
1300 ft²
|
$352,000
-3.80%
09/29/2023
|
Andrea D. Hansen
Real Broker, LLC
| |
|
03/24/2023
|
2 Bed
|
3 Bath
|
-
|
$389,900
2 Bed
3 Bath
|
$370,000
-5.10%
04/12/2023
|
C Angela Chapman
Capital Realty Group Fl
| |
|
02/20/2023
|
2 Bed
|
2 Bath
|
1196 ft²
|
$350,000
2 Bed
2 Bath
1196 ft²
|
$335,000
-4.29%
05/04/2023
|
Lindsay Norton
RE/MAX SOLUTIONS
| |
|
11/21/2022
|
2 Bed
|
2 Bath
|
1485 ft²
|
$389,000
2 Bed
2 Bath
1485 ft²
|
$360,000
-7.46%
03/02/2023
|
David Cable
RE/MAX Elite
| |
|
07/08/2022
|
2 Bed
|
2 Bath
|
1196 ft²
|
$350,000
2 Bed
2 Bath
1196 ft²
|
$330,000
-5.71%
08/18/2022
|
Michael Salamone
Coldwell Banker Paradise
| |
|
01/06/2022
|
2 Bed
|
2 Bath
|
1196 ft²
|
$299,900
2 Bed
2 Bath
1196 ft²
|
$300,000
+0.03%
03/24/2022
|
Steven Munich
RE/MAX ALTERNATIVE REALTY
| |
|
12/12/2021
|
2 Bed
|
2 Bath
|
1485 ft²
|
$340,000
2 Bed
2 Bath
1485 ft²
|
$315,000
-7.35%
01/20/2022
|
Megan Patel
Real Estate Solutions Brevard
| |
|
11/04/2020
|
2 Bed
|
3 Bath
|
1485 ft²
|
$280,000
2 Bed
3 Bath
1485 ft²
|
$280,000
02/23/2021
|
Angela Broome
Vanderveer Properties
| |
|
10/28/2020
|
2 Bed
|
2 Bath
|
1196 ft²
|
$262,500
2 Bed
2 Bath
1196 ft²
|
$268,000
+2.10%
11/16/2020
|
David Geer
RE/MAX Aerospace Realty
| |
|
10/06/2020
|
2 Bed
|
2 Bath
|
1480 ft²
|
$325,000
2 Bed
2 Bath
1480 ft²
|
$295,000
-9.23%
11/30/2020
|
Kristin Lindbaek
RE/MAX Elite
| |
|
06/03/2020
|
2 Bed
|
3 Bath
|
1683 ft²
|
$325,000
2 Bed
3 Bath
1683 ft²
|
-
-
|
-
| |
|
01/28/2020
|
2 Bed
|
3 Bath
|
1480 ft²
|
$290,000
2 Bed
3 Bath
1480 ft²
|
$295,000
+1.72%
12/03/2020
|
Kristin W Lindbaek
| |
|
07/11/2019
|
2 Bed
|
2 Bath
|
1196 ft²
|
$215,000
2 Bed
2 Bath
1196 ft²
|
$175,000
-18.60%
08/07/2019
|
Elaine Chambers
One Sotheby's International
| |
|
06/21/2018
|
2 Bed
|
3 Bath
|
-
|
$198,000
2 Bed
3 Bath
|
$196,500
-0.76%
08/07/2018
|
David Gralla
RE/MAX Solutions
| |
|
06/08/2018
| |
2 Bed
|
2 Bath
|
1138 ft²
|
-
2 Bed
2 Bath
1138 ft²
|
-
-
|
-
|
|
05/09/2018
|
2 Bed
|
2 Bath
|
1300 ft²
|
$239,000
2 Bed
2 Bath
1300 ft²
|
$230,000
-3.77%
06/20/2018
|
Kim Fraser
Fraser Group, Inc
| |
|
05/09/2018
|
2 Bed
|
2 Bath
|
1138 ft²
|
$178,000
2 Bed
2 Bath
1138 ft²
|
$185,100
+3.99%
06/15/2018
|
Shirley Weems
Waterman Real Estate, Inc.
| |
|
12/16/2017
|
2 Bed
|
2 Bath
|
1138 ft²
|
$220,000
2 Bed
2 Bath
1138 ft²
|
$203,500
-7.50%
02/01/2018
|
Karen Osiniak
RE/MAX Elite
| |
|
11/07/2017
|
2 Bed
|
3 Bath
|
1440 ft²
|
$210,000
2 Bed
3 Bath
1440 ft²
|
$206,000
-1.90%
12/28/2017
|
Thomas Taranto
Keller Williams Realty Brevard
| |
|
07/18/2017
|
2 Bed
|
2 Bath
|
-
|
$185,000
2 Bed
2 Bath
|
$185,000
07/19/2017
|
Nancy May
D. Basile Real Estate, LLC
| |
|
05/22/2017
|
2 Bed
|
2 Bath
|
1300 ft²
|
$189,000
2 Bed
2 Bath
1300 ft²
|
$177,500
-6.08%
07/07/2017
|
Elaine Chambers
One Sotheby's International
| |
|
03/10/2017
|
2 Bed
|
2 Bath
|
1692 ft²
|
$215,900
2 Bed
2 Bath
1692 ft²
|
$198,000
-8.29%
06/21/2017
|
Kristin W Lindbaek
Beach Towne Realty LLC
| |
|
10/23/2015
|
2 Bed
|
2 Bath
|
1400 ft²
|
$215,000
2 Bed
2 Bath
1400 ft²
|
$215,000
12/15/2015
|
Scott Schuetz
Allison-James Estates & Homes
| |
|
10/19/2015
|
2 Bed
|
2 Bath
|
1138 ft²
|
$155,000
2 Bed
2 Bath
1138 ft²
|
$153,000
-1.29%
02/19/2016
|
Anthony Scaramouche
Coldwell Banker Paradise - Indialantic
| |
|
08/26/2015
|
2 Bed
|
2 Bath
|
1138 ft²
|
$169,900
2 Bed
2 Bath
1138 ft²
|
$164,000
-3.47%
11/18/2015
|
Elaine Chambers
One Sotheby's International
| |
|
05/01/2015
|
2 Bed
|
2 Bath
|
1278 ft²
|
$164,900
2 Bed
2 Bath
1278 ft²
|
$164,900
07/22/2015
|
Mary Markovich
Indian River Realty
| |
|
12/01/2014
|
2 Bed
|
2 Bath
|
1138 ft²
|
$144,900
2 Bed
2 Bath
1138 ft²
|
$135,500
-6.49%
08/25/2015
|
Elaine Chambers
One Sotheby's International
| |
|
03/06/2013
|
2 Bed
|
2 Bath
|
1138 ft²
|
$136,900
2 Bed
2 Bath
1138 ft²
|
$135,000
-1.39%
04/12/2013
|
Chris Register
Realty World Curri Properties
| |
|
01/19/2012
|
2 Bed
|
2 Bath
|
-
|
$139,000
2 Bed
2 Bath
|
$128,000
-7.91%
03/27/2012
|
Brett McMeans
Trade Wind Realty, Inc.
|
Building Info
About Melbourne
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017