3689 Poseidon Way
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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 |
|---|---|---|---|
| Jan 26, 2022 | Sold | ||
| Sold | |||
| Dec 11, 2021 | Listed by RE/MAX Alternative Realty | $699,900 | |
| Listed by RE/MAX Alternative Realty | |||
| Apr 26, 2016 | Sold | ||
| Sold | |||
| Apr 8, 2015 | Listed by Mercedes Premier Realty, LLC | $382,990 | |
| Listed by Mercedes Premier Realty, LLC | |||
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To Be Built Candice model in beautiful Oceanside Estates nestled between the ocean and the Indian River. Enjoy the ultimate Florida lifestyle in this gated community with wonderful amenities and conveniently located near beaches, dining, and shopping. Buy in time to choose your custom design selections!
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About Melbourne
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017