3500 Deerwood Trail
About This Property
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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%.
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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 |
|---|---|---|---|
| Mar 31, 2026 | Sold | ||
| Sold | |||
| Feb 6, 2026 | In contract | - | |
| In contract | |||
| Feb 1, 2026 | Listed by BHHS Florida Realty | $519,900 | |
| Listed by BHHS Florida Realty | |||
| Nov 1, 2025 | Listed | $525,000 | |
| Listed | |||
| | |||
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Custom-built, three-bedroom, three-bathroom concrete block home situated on a serene 1.2-acre lot, beautifully lined with mature oak trees. This home offers exceptional privacy and a perfect blend of comfortable country living with convenient access to city amenities.Inside, the home features an updated kitchen, a cozy family room with a wood-burning fireplace, a formal dining area, and a spacious two-car garage. All three bedrooms are generously sized, with the master suite boasting a large walk-in closet. Exterior highlights include a large RV carport and a screened porch, ideal for enjoying the tranquil backyard setting.This property provides unparalleled peace of mind, featuring hurricane accordion shutters throughout. Significant recent updates further enhance its value & readiness for its new owners: the roof and electrical panel were both replaced in 2022, and the AC system was newly installed in 2025.One of the many benefits of this property is the absence of an HOA more info!
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| May 3, 2005 | Sold | ||
| Sold | |||
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About Melbourne
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Last Updated: 7 months ago
Data Source: Space Coast MLS, MLS# 1068184
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Address: 335 Madison Avenue, New York, NY 10017