29
Map
5561 Beach Elder Way
About This Property
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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 |
|---|---|---|---|
| Dec 19, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $335,000 | |
| Listed | |||
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Contact Dave Settgast - Cell (321) 543-1187 , [email protected], move in ready home in perfectly manicured, Ocean to River, gated community of South Shores, Melbourne Beach. A short stroll to large community pool, deeded beach access and river pier. Nice open floor plan with vaulted ceilings, Corian counters in light, bright kitchen, large screened lanai, 2 car garage, large walk in closet in master suite and much more to enjoy. Priced for a quick sale!The manager has listed the unit size as 1559 square feet.
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| Jul 20, 2017 | Listed by One Sotheby's International | $339,000 | |
| Listed by One Sotheby's International | |||
| Apr 5, 2012 | Sold | ||
| Sold | |||
| Jun 14, 2011 | Listed by One Sotheby's International | $232,000 | |
| Listed by One Sotheby's International | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017