62
Map
3575 Salt Marsh Circle
About This Property
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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 |
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| Oct 15, 2025 | Listed | $600,000 | |
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Welcome to The Sanctuary at Sawgrass Lakes—West Melbourne's premier gated enclave. This stunning lakefront 4-bedroom, 3-bath, 3-car garage home was built in 2019 and feels better than new. Inside, you'll find a designer kitchen with a peninsula breakfast bar, secondary island, granite countertops, 42'' white cabinets with crown molding, stainless appliances, and a walk-in pantry. Elegant upgrades include tray ceilings, plantation shutters, electric lanai blinds, and custom laundry cabinetry. Enjoy sunsets from the screened patio overlooking the lake and fully fenced backyard with private irrigation well and brick-paver entertaining area. Resort-style amenities include a clubhouse, fitness center, tennis and pickleball courts, playground, and the community's signature water park. Centrally located near top schools, shopping, dining, I-95, and the beach—this is the lifestyle you've been waiting for.
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| May 15, 2025 | Listed | $609,900 | |
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Located in The Sanctuary—a gated, upscale community within the already sought-after Sawgrass Lakes neighborhood. This lakefront 4 bedroom, 3 bathroom home with a 3-car garage was built in 2019 and is LOADED with upgrades! Extensively upgraded throughout, it features a designer kitchen with a peninsula breakfast bar, secondary island, granite countertops throughout, 42'' white cabinetry with crown molding and stainless steel appliances. Elegant details include tray ceilings, electric lanai blinds, plantation shutters and high end tile flooring. Even the laundry room has been upgraded with custom cabinetry to make laundry chores a breeze. Outside enjoy a covered patio, fully fenced backyard with peaceful lake views, a private irrigation well and brick paver driveway. Residents enjoy exclusive access to resort-style amenities including a water park, clubhouse, fitness center, tennis and pickleball. A rare chance to own a move-in-ready home in one of Melbourne's most desirable communities!
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| Sep 14, 2023 | Sold | ||
| Sold | |||
| Aug 4, 2023 | Listed by CENTURY 21 Baytree Realty | $599,000 | |
| Listed by CENTURY 21 Baytree Realty | |||
| May 10, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017