51
Map
6674 Flamingo 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 |
|---|---|---|---|
| Oct 21, 2024 | Sold | ||
| Sold | |||
| Jul 9, 2024 | In contract | - | |
| In contract | |||
| May 4, 2024 | Price Decreased |
$590,000
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Apr 16, 2024 | Listed by LPT REALTY | $595,000 | |
| Listed by LPT REALTY | |||
| | |||
|
Ask about the interest rate buy down the seller is offering! This newly renovated 3BR/3BA home features a private saltwater pool. Featuring not one, but two master bedrooms with private en-suite bathrooms, this home is designed for the utmost convenience and relaxation. Step inside to discover a multitude of recent updates that elevate your living experience. Bask in the natural light pouring through the French doors and indulge in the luxury of a saltwater pool with a variable speed pump, ensuring both serenity and cost-efficiency.
Inside, the entire plumbing system has been upgraded with new drains and water supply lines, while the electrical system has been revamped with a new main breaker and outlets. Freshly painted interior and exterior walls exude a welcoming ambiance, complemented by beautifully remodeled kitchen and bathrooms.The kitchen boasts ample pantry space, a chic glass subway tile backsplash, porcelain tile flooring, and Cherry butcher block countertops. Bid farewell to waiting for hot water, thanks to the tankless water heater. And rest assured with a brand-new roof installed in 2023.
Fully furnished for your convenience, this home is move-in ready. Outside, a spacious acre lot provides abundant privacy, complete with a shed for additional storage and a pool house equipped with electricity, a wine fridge, bar area, and a TV – ideal for entertaining guests or enjoying your personal sanctuary.Stay cool in the Florida heat with the new HVAC system replaced in 2022.
Plus, with no HOA, you have the freedom to customize this property to your heart's desire. Don't miss this exceptional opportunity to make this stunning property your own. Schedule a viewing today and seize the chance to call it home!
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| Nov 4, 2023 | No longer available | - | |
| No longer available | |||
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About Melbourne Village
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017