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3425 IRENE STREET
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 |
|---|---|---|---|
| Oct 31, 2026 | Price Decreased |
$165,000
↓ $25K
(13.2%) | |
| Price Decreased | |||
| Jul 23, 2026 | Price Decreased |
$190,000
↓ $25K
(11.6%) | |
| Price Decreased | |||
| May 13, 2026 | Price Decreased |
$215,000
↓ $30K
(12.2%) | |
| Price Decreased | |||
| Apr 30, 2026 | Listed by Valiant Realty Group LLC | $245,000 | |
| Listed by Valiant Realty Group LLC | |||
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Welcome to 3425 Irene Street, this home is tucked away in a quiet neighborhood while still being close to everything Melbourne has to offer. Situated on a spacious lot and connected to city water, this property offers both comfort and convenience. The kitchen and bathroom have been recently renovated, adding modern touches and move-in-ready appeal. Enjoy easy access to shopping, Florida Institute of Technology (FIT), Melbourne Mall, and many other desirable destinations, all just minutes away. Whether you're a first-time buyer, investor, or looking to downsize, this home is a fantastic opportunity in a prime location.
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| Feb 2, 2026 | Listed by VALIANT REALTY GROUP LLC | $245,000 | |
| Listed by VALIANT REALTY GROUP LLC | |||
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About Big Pine
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,200 /mo
- 2 Beds
- 1 Bath
- 980 ft²
$2,500 /mo
- 4 Beds
- 2 Baths
- 1,732 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017