12
Map
4240 Miami Avenue
About This Property
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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 |
|---|---|---|---|
| Apr 11, 2024 | Sold | ||
| Sold | |||
| Jul 3, 2023 | Listed by Compass Florida, LLC | $650,000 | |
| Listed by Compass Florida, LLC | |||
| | |||
|
Chic farmhouse vibe w/a NEW roof, a/c & electrical! The HUGE backyard & crystal-blue pool add finesse to fine interior finishes. LVP floors span a large living & dining rm expanse. Veined quartz counters cascade across the island kitchen flaunting high-end SS appliances, double ovens, a frosted subway tile backsplash & white cabinetry w/brushed gold hardware. The primary retreat exhibits an elegant black & white ensuite w/French-patterned tile, a pair of quartz sinks, a swanky shower w/dual benches & rain shower heads, along w/laundry rm access. A 2nd suite includes a savvy shower bath w/an exterior door. Glass French doors off the sunny Florida rm lead to a gorgeous, grassy backyard escape. Brick pavers stretch out to a large patio, a jumbo pool, covered lounging, a fire pit & shed.
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| Mar 25, 2021 | Sold | ||
| Sold | |||
| Mar 5, 2021 | Listed by GRP Property Mgt. LLC | $212,000 | |
| Listed by GRP Property Mgt. LLC | |||
| May 1, 2016 | Sold | ||
| Sold | |||
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About West Melbourne
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Currently no similar homes aroundNearby Rentals
$2,200 /mo
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- 1,497 ft²
$1,925 /mo
- 3 Beds
- 1 Bath
- 840 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017