3960 MERMOOR DRIVE
About This Property
Brookhaven offers a community pool includeing Ridgmoor's tennis and basketball courts, and a playground. The HOA covers grounds maintenance, exterior painting, roof maintenance, and trash removal. This pet-friendly community is within about 2.5 miles of John Chesnut Sr. Park, Lake Tarpon, the Pinellas Trail, the YMCA, and Lansbrook Golf Club, with Tampa International Airport, St. Pete-Clearwater International Airport, state parks, and the world-famous Gulf beaches a short drive away.
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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 |
|---|---|---|---|
| Oct 14, 2026 | Price Decreased |
$269,900
↓ $10K
(3.6%) | |
| Price Decreased | |||
| Sep 29, 2026 | Price Decreased |
$279,900
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Aug 26, 2026 | Price Decreased |
$284,900
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Jul 23, 2026 | Relisted | $289,900 | |
| Relisted | |||
| Jul 4, 2026 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017