20
Map
404 Bunker Street
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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 |
|---|---|---|---|
| Sep 4, 2026 | Price Decreased |
$285,000
↓ $10K
(3.4%) | |
| Price Decreased | |||
| Aug 20, 2026 | Listed by RE/MAX Elite | $295,000 | |
| Listed by RE/MAX Elite | |||
| Apr 15, 2016 | Listed by Britton Group, Inc. | $130,000 | |
| Listed by Britton Group, Inc. | |||
| | |||
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This Golf Club Estates home in the heart of Melbourne has been lovingly cared for by the same owner since 1961. Beautiful Terrazzo floors underneath rug and linoleum are just waiting to be revealed and polished. 3 bedroom, 2 bath split plan with 1 car garage makes for a great starter or downsize home. Storm panels, water softening system, termite bond with Orkin, concrete block construction, newer paint, newer roof, electric panel and hot water heater are all pluses. Natural gas available in the neighborhood. Near Crane Creek Golf Course, Florida Tech, Historic Downtown Melbourne and minutes to the beaches.
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| Apr 1, 2016 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017