4065 Chamberlan Terrace
About This Property
Lower taxes make it a good place to park 1031 $$
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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 |
|---|---|---|---|
| Feb 28, 2022 | Sold | ||
| Sold | |||
| Jun 11, 2021 | No longer available | - | |
| No longer available | |||
| Jun 10, 2021 | Listed by Dale Sorensen Real Estate Inc. | $230,000 | |
| Listed by Dale Sorensen Real Estate Inc. | |||
| Mar 30, 2021 | Price Decreased |
$240,000
↓ $10K
(4%) | |
| Price Decreased | |||
| Jan 14, 2021 | Listed | $250,000 | |
| Listed | |||
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1.5 Acres just steps to the Intracoastal Waterway and 5 minutes to Sebastian - Build your dream home next tot he grand home being constructed on the adjacent lot. Owner will consider dividing into two separate 3/4 acre lots with frontage on Chamberlain Terrace. It may be possible to divide this parcel into 3 lots with a small subdivision plan through Brevard County. This lot is high & dry, mostly cleared and ready for your imagination. BU-1 Zoning is permissive of many uses. Build your home onone lot and your business on the adjacent - let's get creative.Several years ago lot was cleared, environmental surveys completed - for a 10 Bay Flex Building. The plans for the flex building are available to purchase if interested.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017