31
Map
518 Renaissance Avenue
About This Property
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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.
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 29, 2026 | Sold | ||
| Sold | |||
| Apr 23, 2026 | In contract | - | |
| In contract | |||
| Apr 9, 2026 | Price Decreased |
$385,000
↓ $4K
(1%) | |
| Price Decreased | |||
| Jan 9, 2026 | Listed by NextHome Space Coast Experts | $389,000 | |
| Listed by NextHome Space Coast Experts | |||
| |||
|
Welcome to this beautifully maintained villa-style home offering comfort, convenience, and a low-maintenance lifestyle. Featuring 3 bedrooms, 2 bathrooms, and over 1,700 square feet, this single-level residence boasts an open layout with vaulted ceilings and abundant natural light. The spacious kitchen flows seamlessly into the living and dining areas, creating an inviting space for everyday living and entertaining. Enjoy peaceful preserve views from the enclosed Florida room--perfect for relaxing year-round. Recent updates include a newer roof (2021), providing added peace of mind. The HOA covers exterior maintenance, lawn care, and pest control, plus much more, allowing for easy living. Located in a gated community close to shopping, dining, and major roadways, this home offers the perfect blend of simplicity, comfort, and convenience.
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| Mar 7, 2025 | Relisted | $449,000 | |
| Relisted | |||
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About Renaissance Pointe
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017