556 CARPENTER AVENUE
About This Property
Step into this beautifully renovated home in Palm Bay, offering modern upgrades and timeless charm. This 3-bedroom, 2-bathroom property has been meticulously transformed to provide both comfort and style. From the moment you enter, you'll be greeted by an open and airy layout, filled with natural light and fresh finishes.
The home features a brand-new kitchen with sleek cabinetry, stunning countertops, and modern appliances. Both bathrooms have been completely updated with high-end fixtures and finishes, creating spa-like spaces to unwind.
With new flooring, fresh paint inside and out, and updated lighting throughout, this home is move-in ready. Nestled in a quiet neighborhood, it offers the perfect combination of serenity and convenience, just minutes away from local schools, shopping, and dining.
Don't miss the opportunity to own this like-new home in Palm Bay-schedule your showing today!
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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 |
|---|---|---|---|
| Mar 27, 2025 | Sold | ||
| Sold | |||
| Feb 18, 2025 | In contract | - | |
| In contract | |||
| Jan 30, 2025 | Relisted | $275,000 | |
| Relisted | |||
| Dec 31, 2024 | In contract | - | |
| In contract | |||
| Dec 11, 2024 | Listed by LPT REALTY, LLC | $275,000 | |
| Listed by LPT REALTY, LLC | |||
Property Highlights
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About Port Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017