48
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511 Hibiscus
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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%.
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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.
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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 6, 2019 | Sold | ||
| Sold | |||
| Jan 19, 2019 | Listed by RE/MAX Elite | $725,000 | |
| Listed by RE/MAX Elite | |||
| Nov 25, 2018 | No longer available | - | |
| No longer available | |||
| Jul 19, 2018 | Listed | $786,000 | |
| Listed | |||
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This listing brought to you by the Coastal Estate Team with RE/MAX Elite. Please call or text bridget sentz 321 537 5720 [email protected] also carolyn smith 321 271 0870 [email protected]. New construction in SOFA!! This stunning ''key-west'' style home features 4 bedroom, 3 full baths, 1 half bath and a study with a 3 car garage with paver drive. With it's metal roof, double-strapping, block construction and hurricane protection throughout will ensure low Homeowner's insurance rates. Split floor plan with open bright common areas, wood like tile through out the common areas. The kitchen features 42'' wood cabinets, quartz counters and SS appliances. Split floor-plan allows for privacy, secondary bedrooms all light and bright. One is a true en-suite, the other two share the hall full bath. The trussed front and rear porch with its tongue and groove wood ceiling has approximately 220sf + 400sf. Looking to deliver Dec 2018. The manager has listed the unit size as 2490 square feet.
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| Jun 20, 2017 | Sold | ||
| Sold | |||
Property Highlights
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About Melbourne Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017