3639 Poseidon Way
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 |
|---|---|---|---|
| Apr 4, 2024 | Sold | ||
| Sold | |||
| Mar 7, 2024 | Listed by One Sotheby's International | $719,000 | |
| Listed by One Sotheby's International | |||
| |||
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Discover unparalleled coastal luxury at 3639 Poseidon Way, Oceanside Village, Indialantic. Built in 2015, this 4-bedroom former model home blends sophistication with high-end amenities. Enjoy an open floor plan with 10 ft. ceilings and plantation shutters, alongside
a gourmet kitchen featuring granite countertops, a central island, and premium upgrades.
Flooring transitions from elegant tile to warm wood and plush new carpet, adding comfort. The primary suite is a private haven with a serene sitting area and dual walk-in closets. A private screened porch offers electric hurricane screen protection for year-round
outdoor enjoyment.
Exclusive access to amenities including a pool, clubhouse, tennis, and pickleball courts enriches the lifestyle. Close to pristine beaches, fine dining, and boutique shopping, 3639 Poseidon Way isn't just a homeâ''it's a lifestyle. Schedule your visit and step into luxury and convenience.
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| Mar 6, 2024 | No longer available | - | |
| No longer available | |||
| Feb 27, 2024 | Price Decreased |
$729,000
↓ $30K
(4%) | |
| Price Decreased | |||
| Feb 23, 2024 | Relisted | $759,000 | |
| Relisted | |||
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About Melbourne
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017