20
Map
5039 Highway A1a
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 |
|---|---|---|---|
| Aug 31, 2023 | Sold | ||
| Sold | |||
| Apr 8, 2023 | Listed by Realty World Curri Properties | $1,400,000 | |
| Listed by Realty World Curri Properties | |||
| | |||
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A slice of paradise is waiting for you! Build your dream home on this beautiful ocean front property located in the heart of Melbourne Beach. This property is one of the only available oceanfront lots surrounded purely by residential properties. Located in a quiet, residential area, yet close to shopping and restaurants. Cleared and ready to build. Survey and engineering study completed and available. Deep well work is completed. Potential house floor plan available for consideration. Come experience everything Florida has to offer. Gorgeous beaches, awesome fishing and perfect weather!
| |||
| Mar 1, 2021 | Sold | ||
| Sold | |||
| May 13, 2020 | No longer available | - | |
| No longer available | |||
| Jan 21, 2020 | Relisted | $1,799,082 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017