4265 Mustang Road
About This Property
Lake fed by an artesian well and inhabited by fish and a turtle . Pool is screened with solar heating and gas heated spa .Waterfall pond at front of home, home is freshly painted , Hurricane shutters throughout .
Kitchen has granite counters and cherry cabinets , storage galore . Family room has natural stone fireplace that soars two floors , Wow ! .Attached apartment is huge , double French hurricane doors lead out to Patio and pool ,walk in closet is 10x10 .
Upstairs master bedroom , dual vanities ,2 addl bedrooms all have california closets . Family room upstairs with surround sound , leads to a juliette balcony . For the man of the house 2 sheds ,and so much more .
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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%.
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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 |
|---|---|---|---|
| Nov 18, 2020 | Sold | ||
| Sold | |||
| Oct 22, 2020 | Listed by Dale Sorensen Real Estate Inc. | $589,000 | |
| Listed by Dale Sorensen Real Estate Inc. | |||
| Apr 5, 2018 | Sold | ||
| Sold | |||
| Jan 21, 2018 | Listed by RE/MAX Aerospace Realty | $495,000 | |
| Listed by RE/MAX Aerospace Realty | |||
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Here’s a perfect home for anyone looking for a 1st floor Master wing; 2nd Master is upstairs along w/other bedrooms & flex room. Every available space, in this home is utilized as closets (making your oversized garage available for your cars; so rare in Florida). Kitchen has magnificent granite & beautiful cabinetry. Home situated on 2.42 acres, allowing for total privacy w/features as sky-lighted guest bath, Heated pool w/solar heated hot tub, gazebo overlooking your own pond with fountain, a Greenhouse & potting shed, ''Natural stone'' working fireplace, a Juliette Balcony, jetted tub in Master bath, internal vacuum system, extended garage w/workspace, outdoor storage shed, fire pit & incredible flowering trees scattered all around the well planned & beautifully landscaped grounds. The lot East of home (1.18 ac.) is also available for sale under MLS# 803060; so if you really need extra "elbow room", think about buying that adjoining lot also.
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| Jul 30, 2017 | Listed by Dale Sorensen Real Estate Inc. | $569,900 | |
| Listed by Dale Sorensen Real Estate Inc. | |||
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About Melbourne
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Last Updated: 4 months ago
Data Source: Space Coast MLS, MLS# 888333
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Address: 335 Madison Avenue, New York, NY 10017