23
Map
498 Port Malabar Boulevard NE
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Sep 4, 2025 | Listed | $537,000 | |
| Listed | |||
| | |||
|
Enjoy your own slice of paradise in this modern, fully renovated home featuring a west-facing screened pool, perfect for sunset swims and all with no HOA just minutes from the heart of Melbourne. This solid concrete block 3-bed, 2-bath pool home was beautifully renovated inside and out in 2024/2025, offering peace of mind and style. Enjoy over 1,900 sq. ft. of light-filled space with new wide vinyl plank flooring, retextured ceilings, recessed lighting, impact windows (most), fresh paint, and a new HVAC system with updated ductwork. The kitchen shines with quartz countertops, large island, stainless steel appliances with double oven, new cabinets, sink, and backsplash. Both bathrooms are fully updated with new vanities, fixtures, and tile. The oversized 2-car garage includes RV hookup, while outside you'll find a sparkling pool, new roof with skylights, updated landscaping, fencing, and fresh exterior paint. Just minutes to Melbourne, beaches, Turkey Creek & more!
| |||
| May 9, 2024 | Sold | ||
| Sold | |||
| Mar 4, 2024 | Listed by Location Real Estate LLC | $390,000 | |
| Listed by Location Real Estate LLC | |||
| Aug 6, 2009 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Port Malabar
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,100 /mo
- 3 Beds
- 2 Baths
- 1,598 ft²
$2,200 /mo
- 3 Beds
- 2 Baths
- 1,585 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017