562 Clarke Avenue
About This Property
Nestled in an established neighborhood in the heart of Melbourne with NO HOA and close proximity to the Eau Gallie Arts District, shopping, I-95 access, and just 10 minutes from the beach; this home will certainly garner a lot of attention.
Sip your morning coffee from your front screened porch and enjoy an evening cocktail in your Florida room overlooking the privacy fenced back yard. Step out into your back yard to pick star fruit or tangelo off your own trees; add a shed, workshop, or that chicken coop you've been dreaming of to your 8'x10' concrete pad; and add that pool you've been dreaming of....the options are endless! Step out into your back yard to pick star fruit or tangelo off your own trees; add a shed, workshop, or that chicken coop you've been dreaming of to your 8'x10' concrete pad; and add that pool you've been dreaming of....the options are endless!
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 27, 2024 | Sold | ||
| Sold | |||
| Dec 11, 2023 | Listed by Blue Marlin Real Estate | $250,000 | |
| Listed by Blue Marlin Real Estate | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017