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346 Carmel Drive
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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 |
|---|---|---|---|
| Aug 3, 2026 | Sold | ||
| Sold | |||
| Jul 6, 2026 | In contract | - | |
| In contract | |||
| Apr 30, 2026 | Listed by Real Broker, LLC | $625,000 | |
| Listed by Real Broker, LLC | |||
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**DESIRABLE WESTLAKE VILLAGE NEIGHBORHOOD GEM NOW FOR SALE**4 Bedrm POOL Home on LG Corner Lot is Centrally Located to Where You Want to Be in the Viera-Suntree area! Gorgeous Inside & Out, Updates incl: NEW ROOF & AC, RE-PIPED WHOLE HOUSE, POOL PUMP SYSTEM, Soaring Ceilings Throughout, Chef's Dream Kitchen w/Tons of Cooking Space adorned w/Granite & Center Multi-Use Island w/Wine Storage, Coffee/Cocktail Station, Prem Applcs w/GAS Range too, Lg Laundry Rm w/BUTLER Station, 3 Spacious Guest Rooms, Master Suite w/Spa-Style Bath, Pergola-style Dining Room w/Columns, Sep Liv & Fam Rms Enjoy 3-Sided GAS Fireplc, Liv Rm has POCKET Glass Sliders to Private Screened Lanai Leading to Sparkling Pool & LG Entertaining Area plus Lg Backyard, ETC! Too Much to List! Great Location Close to: I-95, Brevard Zoo, Restaurants, Shopping/The Avenue Viera, Beaches, Patrick Space Force Base & More, It's exactly what You Have Been Waiting for!!
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| Jul 19, 2024 | Sold | ||
| Sold | |||
| Jun 20, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017