48
Map
423 Nikomas Way
About This Property
New Seawall, New Dock- 11,000 lb. Boat Lift,
ALL new hurricane impact glass windows. New AC 2018 New Pool Cage, Pool Heater, Whole Home Generator. Split Bedroom Plan. Fireplace, All new Brondell Bidet Toilet Seats as well as new toilets. Sprinklers are on a deep water well. Located in the Sunnyland Beach community of Melbourne Beach. This Lovely home is located almost at the end Of Nikomas Way so its very close to the Indian River Lagoon for Beautiful Sunset Views. Outside Shower too. 6 Miles N. of Sebastian Inlet State Park. The Nature Preserve across the street allows for a Private and Peaceful Location. City Water with South Brevard Water CO-OP, Inc. $200.00 membership to
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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.
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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 |
|---|---|---|---|
| Jun 13, 2022 | Sold | ||
| Sold | |||
| May 30, 2022 | Listed by Salt Water Realty of Brevard | $1,200,000 | |
| Listed by Salt Water Realty of Brevard | |||
| Sep 15, 2021 | No longer available | - | |
| No longer available | |||
| Jul 13, 2021 | Price Decreased |
$1,100,000
↓ $100K
(8.3%) | |
| Price Decreased | |||
| Jun 7, 2021 | Listed by Salt Water Realty of Brevard | $1,200,000 | |
| Listed by Salt Water Realty of Brevard | |||
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This Beautiful Brick Waterfront Pool Home Located in South Melbourne Beach on a deepwater canal has it ALL! New Seawall, New Dock with 11,000 lb. Boat Lift, ALL new hurricane impact glass windows. New Pool Cage, Pool Heater, Whole Home Generator. Split Bedroom Plan. All new Brondell Bidet Toilet Seats and well as new toilets. Sprinklers are on a deep water well. Located in the Sunnyland Beach community of Melbourne Beach. This Lovely home is located almost at the end Of Nikomas Way so itsvery close to the Indian River Lagoon for Beautiful Sunset Views City Water with South Brevard Water CO-OP, Inc. $200.00 membership to Join. The Nature Preserve across the street Makes this area Peaceful and Private. The manager has listed the unit size as 2493 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017