3491 Fan Palm Boulevard
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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 |
|---|---|---|---|
| Feb 27, 2026 | Sold | ||
| Sold | |||
| Jan 30, 2026 | In contract | - | |
| In contract | |||
| Nov 2, 2025 | Listed by Lokation Real Estate | $359,900 | |
| Listed by Lokation Real Estate | |||
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Sun-filled 3 bed / 2 bath with heated salt water pool nestled in the prestigious Bel Aire Palms. Recent upgrades include 2021 roof, 2024 AC and 2022 solar panels. Inside, you'll find an open floor plan with vaulted ceilings, skylights, split bedrooms, and tile / laminate throughout - no carpet. The eat-in kitchen features wood shaker cabinets, breakfast bar, and tile backsplash. Spacious primary ensuite offers a walk-in closet, 60'' vanity, and direct pool access. Entertain all year long in your oversized screened patio with in-ground heated salt water pool and hot tub. The fully fenced backyard sits on a corner lot offering extra space and privacy. Fantastic central location! Minutes to Florida Tech, Downtown Melbourne, the beach, shopping, restaurants, golf, and parks.
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| Jul 12, 2017 | Sold | ||
| Sold | |||
| May 25, 2017 | Listed by EXIT 1st Class Realty | $190,000 | |
| Listed by EXIT 1st Class Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017