20
Map
3550 Salt Marsh 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%.
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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 |
|---|---|---|---|
| Oct 10, 2025 | Sold | ||
| Sold | |||
| Jul 30, 2025 | In contract | - | |
| In contract | |||
| Jul 17, 2025 | Price Decreased |
$649,900
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Jun 20, 2025 | Listed by Compass Florida, LLC | $659,900 | |
| Listed by Compass Florida, LLC | |||
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The ultimate home for entertaining, everyday living, & multigenerational ease on a premium conservation lot where nature unfolds before your eyes. Watch eagles soar from the open pavered patio or unwind in the expansive screened lanai overlooking a fully fenced backyard. Inside, light wood-look tile flows through the formal living & dining, while the kitchen stuns w/Silestone counters, island, SS appliances, double ovens, rich cabinetry, & bay-windowed dining. The downstairs primary offers French doors, a full-size sitting area, & a spa-worthy ensuite. A private guest suite w/exterior access is ideal for in-laws or teens, while 2 more bedrooms share a full bath. Upstairs delivers a loft, huge bonus/media room, another bed & bath. W/ abundant storage, spacious laundry room & 3-car garage, this flexible layout delivers space, style, & backyard views. Set behind the gates of Sanctuary at Sawgrass, residents enjoy a resort-style pool, clubhouse, fitness center, sports courts & playground.
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
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About West Melbourne
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017