37
Map
471 Tortuga Way
About This Property
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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.
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 |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Jul 17, 2024 | In contract | - | |
| In contract | |||
| Jul 9, 2024 | Price Decreased |
$435,000
↓ $14K
(3.1%) | |
| Price Decreased | |||
| May 8, 2024 | Listed by Dale Sorensen Real Estate Inc. | $449,000 | |
| Listed by Dale Sorensen Real Estate Inc. | |||
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Too many features to list! Recent upgrades to this stunning home incld 2022 Roof, New AC, LVP flooring, shiplap accent wall, and upgraded insulation. Kitchen remodel boasts TWO Hisense Refrigs., double pantries, induction cooktop, custom Corian counters, and reverse osmosis water treatment. Storage abounds throughout the home. Outside, relax on the large screened porch or spread out in the fenced backyard. Low annual HOA. Close to FIT, 192, Downtown Historic Melbourne, and convenient to I-95.
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| May 2, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017