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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 |
|---|---|---|---|
| Nov 14, 2017 | Sold | ||
| Sold | |||
| Jun 26, 2017 | Sold | ||
| Sold | |||
| Apr 30, 2017 | Listed by BHHS Florida Realty | $269,900 | |
| Listed by BHHS Florida Realty | |||
| Sep 8, 2015 | Sold | ||
| Sold | |||
| Jul 20, 2015 | Listed by Kirschner Real Estate G | $230,000 | |
| Listed by Kirschner Real Estate G | |||
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Beautiful 4 Bedroom, 2 Bath Lifestyle home in West Melbourne on the lake! This great quality home features an open floor plan with formal living with a set of french doors that could be used as a den or office, a dining room, beautiful kitchen with tall cabinets, breakfast bar and nook, inviting family room, spacious master bedroom with huge walk in closet and a relaxing master bath with double sinks, shower and separate tub and a covered entry.It has been recently updated with a new AC compressor & evaporator coils and fan, new microwave, and new interior and exterior paint. Nice size porch that overlooks a water pond, perfect for relaxing and family gatherings. Close to a great shopping area, golf courses, A+ schools and minutes from Melbourne's beautiful beaches.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017