3825 Town Square Boulevard #56
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 2, 2026 | Sold | ||
| Sold | |||
| Mar 3, 2026 | In contract | - | |
| In contract | |||
| Nov 5, 2025 | Price Decreased |
$284,900
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Oct 2, 2025 | Listed | $289,900 | |
| Listed | |||
| | |||
|
Price Reduction! Coastal Charm with Lake Views - This beautifully updated 3-bedroom, 2-bath home is nestled in a small, quiet cottage-style community, has serene lake views and is just 15 minutes from the ocean. Step inside to discover all-new flooring, fresh interior & exterior paint, and plantation blinds throughout. The open-concept living area is filled with natural light, enhanced by new ceiling fans, solar tunnels and a fun, beach-inspired color palette. The updated kitchen features quartz countertops, newer stainless steel appliances, and ample cabinet space. Both bathrooms have been tastefully refreshed. Enjoy peaceful mornings with coffee by the lake in your private back patio oasis.The 2019 roof adds peace of mind, and the entire home has been thoughtfully maintained and styled for low-maintenance, high-comfort living. Located minutes from top-rated schools, shopping centers, and local restaurants, this home truly has it all.
| |||
| Feb 6, 2025 | Listed by EXP Realty, LLC | $279,900 | |
| Listed by EXP Realty, LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/06/2025
|
3 Bed
|
2 Bath
|
1116 ft²
|
$279,900
3 Bed
2 Bath
1116 ft²
|
$276,000
-1.39%
04/02/2026
|
Judy Civitate
EXP Realty, LLC
| |
|
07/09/2019
|
3 Bed
|
2 Bath
|
1107 ft²
|
$179,900
3 Bed
2 Bath
1107 ft²
|
$175,000
-2.72%
09/12/2019
|
John Blake
EXP Realty, LLC
| |
|
07/19/2018
|
3 Bed
|
2 Bath
|
1107 ft²
|
$180,000
3 Bed
2 Bath
1107 ft²
|
$176,250
-2.08%
09/28/2018
|
Kelli Petrone
Tropical Realty Beachside
| |
|
06/20/2016
|
3 Bed
|
2 Bath
|
1107 ft²
|
$147,000
3 Bed
2 Bath
1107 ft²
|
$143,500
-2.38%
08/19/2016
|
Kim Wilson
Waterman Real Estate, Inc.
| |
|
02/02/2013
|
3 Bed
|
2 Bath
|
1107 ft²
|
$89,900
3 Bed
2 Bath
1107 ft²
|
$87,000
-3.23%
06/19/2013
|
Chris Register
Curri Properties
|
Building Info
About Melbourne
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017