3500 Highway 1 S
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 |
|---|---|---|---|
| Jan 29, 2020 | Sold | ||
| Sold | |||
| Nov 8, 2019 | Listed by Tropical Realty & Inv. of Brev | $295,000 | |
| Listed by Tropical Realty & Inv. of Brev | |||
| Oct 3, 2018 | No longer available | - | |
| No longer available | |||
| Sep 4, 2018 | Listed | $375,000 | |
| Listed | |||
| | |||
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Desirable Rockledge/Viera/Indian River corridor location. This is a great investment opportunity with .9 acres BU-1 commercial along US1 and 1.54 AU acres suitable for residential estates. The 1210 SF wood frame structure with pier foundation is in disrepair and of no appreciable value relative to the land it sits on. Built in 1920. The US1 frontage is approx. 220 FT with a traffic count of +/- 32,000 vehicles per day. Contact: Jay Smith or Hank Taylor321-427-6568 or 321-636-3131Trafford Realty Company
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Property Highlights
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Price/ft²
Listed On
Sold On
About Brevard
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017