6475 N Highway 1 N
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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%.
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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 13, 2018 | Sold | ||
| Sold | |||
| Apr 12, 2018 | Listed by RE/MAX Aerospace Realty | $825,000 | |
| Listed by RE/MAX Aerospace Realty | |||
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Beautiful Indian Riverfront location in area of million dollar homes. .62 acre with private dock on Indian River and fantastic fishing! Main house is a 2-story with 4 bedrooms, 2 baths, 1768 sq ft living. Open floor plan with stone-faced wood burning fireplace. 1 bedroom and bath downstairs; 2nd floor master has private balcony overlooking river. Newer roof (2018) and septic/drainfield. Large laundry/utility room. Also 2 detached cottages with 2 bedrooms, 1 bath each, separated by storage area. Cottage #1 has 900 sq ft living; cottage #2 has 800 sq ft. Lots of possibilities with this unique property. Convenient to beaches, Patrick Air Force Base, and I-95.
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About Brevard
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Last Updated: 3 months ago
Data Source: Space Coast MLS, MLS# 810566
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017