537 Trend Road
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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 |
|---|---|---|---|
| Jun 4, 2023 | No longer available | - | |
| No longer available | |||
| Jun 2, 2023 | Sold | ||
| Sold | |||
| May 26, 2023 | Listed by Coldwell Banker Schmidt Family Of Companies | $310,000 | |
| Listed by Coldwell Banker Schmidt Family Of Companies | |||
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This beautiful three bedrooms, two full baths updated Open Floor plan home is centrally located in West Melbourne. The home features a Newer Roof in 2021, Brand new A/C, updated electric panel, updated bathrooms, newer windows, Laminate flooring throughout. The kitchen features Butcher Block Countertops with 42'' cabinets w/soft close design and all new stainless-steel appliances. The manager has listed the unit size as 1252 square feet.
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| Apr 19, 2023 | Listed by Coldwell Banker Paradise | $310,000 | |
| Listed by Coldwell Banker Paradise | |||
| Jul 3, 2017 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017