22
Map
660 Cocoanut Grove Avenue
About This Property
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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 |
|---|---|---|---|
| Aug 14, 2018 | Sold | ||
| Sold | |||
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| Jun 8, 2018 | Listed | $280,000 | |
| Listed | |||
| | |||
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True Florida living! Surrounded by over 30 palm trees, this .3 acre lot provides the finest of Florida outdoor living. This tropical oasis features a fabulous pool and deck area, firepit, pergola and still room for a large swingset! Pavered driveway and front porch welcome you to this updated 3 bedroom 2 bath home. Kitchen breakfast bar opens to spacious living, entertaining area. Kitchen boasts a built in desk, newer ss appliances and solid surface counters. New tile flooring throughout. Huge master suite with walk-thru closet. Large secondary bedrooms. This home has a newer metal roof and 2 car garage with workbench. All of this in a fantastic, centralized Melbourne neighborhood. Tax records indicate effective year built as 2012 and much more has been done since then! Come see today, don't miss out! The manager has listed the unit size as 2103 square feet.
| |||
| Feb 26, 2018 | Listed by RISE Realty Services | $280,000 | |
| Listed by RISE Realty Services | |||
| Jun 3, 2015 | Sold | ||
| Sold | |||
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About Melbourne Gardens
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017