21
Map
3502 Chica Circle
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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 |
|---|---|---|---|
| May 24, 2024 | Sold | ||
| Sold | |||
| Apr 22, 2024 | In contract | - | |
| In contract | |||
| Apr 20, 2024 | Price Decreased |
$369,999
↓ $7K
(1.9%) | |
| Price Decreased | |||
| Feb 9, 2024 | Listed by Compass Florida, LLC | $377,000 | |
| Listed by Compass Florida, LLC | |||
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Welcome to your new home in West Melbourne! Convenient location! Meticulously maintained!
New roof Dec. 2023
A/C 2022 and brand new water heater 2024! This inviting 3-bed, 2-bath home boasts two spacious living areas, and offers ample space for relaxation and entertainment. Updated kitchen with granite counter tops and stainless appliances. Step outside to discover a spacious lanai and fenced backyard with fruiting and avocado trees, providing privacy and security for outdoor activities. Enjoy the convenience of being close to a golf course for leisurely weekends and downtown Melbourne for shopping and dining. Only 15 minutes to the beach! Tranquil setting with preserve across the street! Don't miss out on the opportunity to call this West Melbourne gem your own!
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| Sep 23, 2016 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017