$118,000
●
House -
Off Market
3528 Applin
Melbourne, FL 32901
3 Beds
1 Bath
1,000 Ft²
$661
Est. Monthly
20.50%
Cap Rate
About This Property
**OFFER HAS BEEN ACCEPTED - WILL BE GOING PENDING**MULTIPLE OFFERS
- ALL HIGHEST AND BEST OFFERS DUE IN NO LATER THAN 12 NOON ON
04/09/2024***Welcome to your cozy abode! Nestled just a stone's
throw away from FIT, this charming 3-bedroom, 1-bathroom home with
a convenient carport offers endless possibilities. With no wasted
space, it's the perfect canvas for first-time homeowners or savvy
investors looking for a lucrative rental opportunity. Embrace the
potential within these walls and make it your own, creating the
ideal space to thrive and grow. Take advantage of this
ready-to-transform gem!
Unit Size
1,000 Ft²
Days on Market
38 days
Land Size
0.15 acres
Price per sqft
$110
Property Type
House
Property Taxes
$121
HOA Dues
-
Year Built
1971
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (Space Coast MLS #1010088)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 18, 2025 | Sold | ||
| Sold | |||
| Mar 12, 2025 | In contract | - | |
| In contract | |||
| Feb 9, 2025 | Listed by LA ROSA REALTY KISSIMMEE | $199,000 | |
| Listed by LA ROSA REALTY KISSIMMEE | |||
| | |||
|
This completely renovated 3-bedroom, 1-bathroom, 1,000 sqft home in Melbourne offers the ideal blend of style, function, and prime location. Nestled in a peaceful community, the home features an expansive living room, open kitchen concept has been updated with modern finishes, including sleek kitchen cabinets, granite countertops, and stainless steel appliances. The home has been freshly painted inside and out, with new LVP flooring, modern light fixtures, and stylish bathroom updates, new windows. A spacious two-car and parking space. Centrally located between I-95 and US-1, this home offers convenient access to entertainment, shopping, dining, and cinemas, making it an excellent choice for modern living in Melb
| |||
| Oct 24, 2024 | Listed by La Rosa Realty LLC | $199,000 | |
| Listed by La Rosa Realty LLC | |||
| | |||
|
This completely renovated 3-bedroom, 1-bathroom, 1,000 sqft home in Melbourne offers the ideal blend of style, function, and prime location. Nestled in a peaceful community, the home features an expansive living room, open kitchen concept has been updated with modern finishes, including sleek kitchen cabinets, granite countertops, and stainless steel appliances. The home has been freshly painted inside and out, with new LVP flooring, modern light fixtures, and stylish bathroom updates, new windows.
A spacious two-car and parking space.
Centrally located between I-95 and US-1, this home offers convenient access to entertainment, shopping, dining, and cinemas, making it an excellent choice for modern living in Melbourne.
| |||
| May 14, 2024 | Sold | ||
| Sold | |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Briarwood Park
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Listed by: Kara Money, Kara Money, LLC
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 1010088
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 1010088
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