3751 Turtle Mound Road
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 |
|---|---|---|---|
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| Jun 29, 2018 | Sold | ||
| Sold | |||
| Jun 14, 2018 | Listed | $449,900 | |
| Listed | |||
| | |||
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Amazing 1.69 acre estate with separate mother in law apartment zoned for multiple horses. Two properties on a pristine ranch located in the heart of Melbourne. Ranch style hacienda with great open floor-plan. Main home has 3 bedrooms and 2 baths, beautiful espresso wood tile planks in formal living areas and kitchen along with Spanish terra cotta tiles in the great room. Mother in law apartment or separate guest suite connected to main home by breezeway. Both buildings open up to the huge private courtyard style pool in the center of the property. This is a true hacienda style home with great warm finishes and amazing colors. Tons of open land fully fenced for all your farm animals. Two beautiful and loving Donkeys (Taco & Nacho) included with the estate. This amazing hacienda is located within minutes of Eastern Florida State College and about 10 min from Patrick AFB. Within 15 min of Melbourne Airport, Northrup Grumman, Harris, Embraer and so many other industries. The manager has listed the unit size as 3321 square feet.
| |||
| Apr 9, 2018 | Listed by EXP Realty LLC | $449,900 | |
| Listed by EXP Realty LLC | |||
| Nov 29, 2001 | Sold | ||
| Sold | |||
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About Melbourne
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017