20
Map
3380 Salt Marsh Circle
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%.
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 |
|---|---|---|---|
| Sep 5, 2024 | Sold | ||
| Sold | |||
| Jul 26, 2024 | In contract | - | |
| In contract | |||
| Jun 12, 2024 | Listed by Compass Florida, LLC | $600,000 | |
| Listed by Compass Florida, LLC | |||
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Welcome to Sawgrass Lakes, The Sanctuary subdivision of West Melbourne, FL. This stunning single-story Elm home offers 2,558 sqft of living space with 4 bedrooms and 3 bathrooms, making it perfect for both comfort and functionality.
The home features an open floor plan with tile flooring throughout the living areas, enhancing the spacious feel. The kitchen is a chef's delight, complete with granite countertops, a large island, and raised panel 4'' cabinets topped with crown molding, ideal for family gatherings as it opens directly into the expansive family room. Enjoy the seamless integration of cooking and family time, with views of sandhill cranes strolling through the backyard. Residents benefit from a variety of association amenities including a community pool, clubhouse, fitness center, maintained grounds, playground, and tennis courts. This home offers a perfect blend of modern living and natural beauty, making it an ideal place for families looking for a community with all the perks.
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| Aug 20, 2018 | Sold | ||
| Sold | |||
| Feb 21, 2018 | Listed by D.R.Horton Realty of Melbourne | $392,801 | |
| Listed by D.R.Horton Realty of Melbourne | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017