12
Map
505 Andrews
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 |
|---|---|---|---|
| Dec 3, 2024 | Sold | ||
| Sold | |||
| Nov 8, 2024 | Listed by One Sotheby's International | $749,000 | |
| Listed by One Sotheby's International | |||
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Charming, well kept, pool home in the heart of downtown Melbourne Beach. Oversize, screened pool lanai will provide endless hours of relaxation & enjoyment of your private, fenced back yard area. Updated, open kitchen is a chef's delight and excellent for entertaining guests. Premium location between the River and the Ocean is close to all the nearby downtown areas and their multiple dining and shopping options. Winner, winner !
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| May 29, 2013 | Sold | ||
| Sold | |||
| Apr 29, 2013 | Listed by One Sotheby's International | $339,000 | |
| Listed by One Sotheby's International | |||
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About River Colony East
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017