524 Ryoland Street
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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 23, 2025 | Sold | ||
| Sold | |||
| May 14, 2025 | In contract | - | |
| In contract | |||
| Apr 22, 2025 | Price Decreased |
$19,500
↓ $3K
(13.3%) | |
| Price Decreased | |||
| Mar 21, 2025 | Listed by Melbourne Realty, Inc. | $22,500 | |
| Listed by Melbourne Realty, Inc. | |||
| | |||
|
Vacant lot with public water and sewer available The current owner has had a change in plans so needs to sell. He's had it surveyed, a topography inspection done and plans to build a house, 1,000+ square feet, that have been submitted to the city of Melbourne for approval. He got to the stage of sending in his doors and window choices but had to stop moving forward. He's happy to pass on the plans to a new owner! Drive bys ok
| |||
| Nov 8, 2022 | Sold | ||
| Sold | |||
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About Booker Heights
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Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 947947
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017