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415 Hibiscus Trail
About This Property
With its unbeatable outdoor oasis and prime location, 415 Hibiscus Trail puts you within walking distance of exclusive beach access, local coffee shops, and some of our Island's favorite parks. This is your rare opportunity to own a slice of paradise.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 7, 2026 | Sold | ||
| Sold | |||
| Jul 5, 2026 | In contract | - | |
| In contract | |||
| Jun 5, 2026 | Listed by Island Pineapple Realty, LLC | $749,000 | |
| Listed by Island Pineapple Realty, LLC | |||
| Feb 16, 2022 | Sold | ||
| Sold | |||
| Oct 19, 2021 | Listed by Island Pineapple Realty, LLC | $729,000 | |
| Listed by Island Pineapple Realty, LLC | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Melbourne Beach
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,300 /mo
- 1 Bed
- 1 Bath
- 580 ft²
$4,850 /mo
- 3 Beds
- 2 Baths
- 1,991 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017