12
Map
465 Apache
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 |
|---|---|---|---|
| Jul 31, 2025 | Sold | ||
| Sold | |||
| Jun 23, 2025 | In contract | - | |
| In contract | |||
| Jun 15, 2025 | Listed by One Sotheby's International | $560,000 | |
| Listed by One Sotheby's International | |||
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Charming 3-Bedroom Home with Water View & 3-Car Garage in North Merritt Island
Welcome to your slice of paradise in North Merritt Island! This spacious 3-bedroom, 2.5-bath home offers an open-concept layout perfect for comfortable living and effortless entertaining. Nestled in a desirable waterfront community, you'll enjoy tranquil mornings and relaxing evenings from your screened lanai, which overlooks a serene lake/pond just steps away.
The home features a rare 3-car garage—ideal for extra storage, hobbies, or your Florida toys—and is just a short walk from the private community boat launch, making days on the water a breeze.
Inside, you'll find a generous living space ready for your personal touches. The layout flows seamlessly from kitchen to dining to living area, creating a bright and welcoming environment. While the home needs a little TLC, it offers endless potential to customize and make it truly yours.
2021 Roof, 2021 AC 2020 Fencing
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| Dec 19, 2018 | Sold | ||
| Sold | |||
| Apr 15, 2018 | Listed by Lawyers Real Estate Brokerage | $349,500 | |
| Listed by Lawyers Real Estate Brokerage | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017