5040 Avocado Avenue
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 |
|---|---|---|---|
| May 30, 2025 | Sold | ||
| Sold | |||
| May 2, 2025 | In contract | - | |
| In contract | |||
| Apr 17, 2025 | Listed by Keller Williams Realty Brevard | $550,000 | |
| Listed by Keller Williams Realty Brevard | |||
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Step into comfort, space, and freedom with this charming 3-bedroom, 2-bathroom POOL home plus a dedicated office/flex room, perfect for remote work or creative projects. Situated on a full 1-acre lot with no HOA, this property offers the privacy and flexibility you've been looking for. Inside, you'll find updated interiors, including a new kitchen and bathrooms.
Major updates include a new roof (September 2023), 2016 AC system, brand new hot water heater and dishwasher and hurricane shutters for added peace of mind— making this home move-in ready.
A spacious two-car garage provides plenty of room for vehicles and storage, while the large pool sets the stage for endless Florida fun and relaxation. Love the outdoors? There's plenty of space for entertaining, gardening, or just soaking up the serenity of your wide-open backyard—complete with a chicken coop, city water, and septic system. Whether you're hosting get-togethers, starting a garden, or just enjoying the wide-open space, this home offers the ideal blend of indoor comfort and out door freedom- with no HOA to limit your lifestyle .
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| May 2, 2014 | Sold | ||
| Sold | |||
| Jul 10, 2013 | Listed by Better Homes & Gardens RE Star | $161,500 | |
| Listed by Better Homes & Gardens RE Star | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017