32
Map
362 Nikomas Way
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.
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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 |
|---|---|---|---|
| Jul 15, 2026 | Sold | ||
| Sold | |||
| May 22, 2026 | In contract | - | |
| In contract | |||
| May 19, 2026 | Listed by Realty World Curri Properties | $549,900 | |
| Listed by Realty World Curri Properties | |||
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Located on a quiet street in Melbourne Beach where neighbors ride bikes to the ocean, this waterfront home offers the laid-back coastal lifestyle buyers love. Just a short stroll to private beach access, the property sits along a peaceful canal with direct access to the Indian River--perfect for kayaking, paddleboarding, or a small fishing boat. Inside, the open-concept layout features an updated kitchen with a large island, light-filled living and dining spaces, and French doors leading to a screened patio overlooking the tranquil canal with no rear neighbors. The primary suite offers a renovated bath and walk-in closet, with two additional bedrooms for family or guests. Located in the friendly Sunnyland Beach community known for golf cart and boat parades and social gatherings at nearby Aquarina. Metal roof (2004), HVAC (2019), HWH (2017). Voluntary HOA just $75/year for private beach access.
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| Nov 21, 2025 | Price Decreased |
$629,000
↓ $500
(0.1%) | |
| Price Decreased | |||
| Nov 4, 2025 | Price Decreased |
$629,500
↓ $4K
(0.6%) | |
| Price Decreased | |||
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About Sunnyland Beach
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$2,750 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017