3465 Cabbage Palm Avenue
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 |
|---|---|---|---|
| Dec 5, 2025 | Sold | ||
| Sold | |||
| Nov 14, 2025 | In contract | - | |
| In contract | |||
| Oct 24, 2025 | Price Decreased |
$314,900
↓ $10K
(3.1%) | |
| Price Decreased | |||
| Sep 25, 2025 | Listed by Waterman Real Estate, Inc. | $325,000 | |
| Listed by Waterman Real Estate, Inc. | |||
| | |||
|
Nice 3 bedroom 2 bath home located in super convenient Bel Aire Palms community. Great central Melbourne location close to everything. Brand new roof was just installed! Modern open floor plan w/high vault ceilings & split bedrooms. Kitchen features maple cabinets, stainless steel appliances, breakfast nook & pass through to great room. Primary bedroom features double vanities, tub & shower, & nice walk-in closet. Large tiled screened porch overlooking spacious privacy fenced back yard. City water & sewer. Great home for the money in great neighborhood!
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| Nov 30, 2018 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017