3721 Titanic Circle #64
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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/18/2024
|
4 Bed
|
2 Bath
|
2414 ft²
|
$497,000
4 Bed
2 Bath
2414 ft²
|
$480,000
-3.42%
03/20/2025
|
Randy Neuman
BHHS Florida Realty
| |
|
03/01/2018
|
4 Bed
|
2 Bath
|
2414 ft²
|
$324,982
4 Bed
2 Bath
2414 ft²
|
$315,000
-3.07%
04/16/2018
|
Marcie Bolt
Engel & Volkers Melbourne Central
| |
|
07/15/2012
|
4 Bed
|
3 Bath
|
-
|
$229,700
4 Bed
3 Bath
|
$221,500
-3.57%
10/10/2012
|
Ginger Shoemaker
Coldwell Banker Paradise
|
Building Info
About Melbourne
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017