567 Parker Road
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 13, 2024 | Sold | ||
| Sold | |||
| Nov 8, 2024 | In contract | - | |
| In contract | |||
| Nov 3, 2024 | Price Decreased |
$280,000
↓ $10K
(3.5%) | |
| Price Decreased | |||
| Oct 20, 2024 | Listed by Waterman Real Estate, Inc. | $290,000 | |
| Listed by Waterman Real Estate, Inc. | |||
| | |||
|
Seller will replace the roof prior to closing! Centrally located West Melbourne property with three bedrooms and two bathrooms, Light and Bright well maintained home, Spacious family room, Move in Ready, No HOA, two car garage, indoor laundry room, fenced in backyard, close to schools, shopping and the beaches.
| |||
| Mar 16, 2021 | Listed by Keller Williams Realty Brevard | $201,000 | |
| Listed by Keller Williams Realty Brevard | |||
Property Highlights
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Price/ft²
Listed On
Sold On
About Canova Park
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Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 899616
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