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6820 Angeles 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 9, 2026 | Price Decreased |
$575,000
↓ $15K
(2.5%) | |
| Price Decreased | |||
| Sep 15, 2026 | Price Decreased |
$590,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Aug 11, 2026 | Listed by Real Broker, LLC | $600,000 | |
| Listed by Real Broker, LLC | |||
| Jul 10, 2025 | Listed | $599,999 | |
| Listed | |||
| | |||
|
Imagine waking up and walking over to the beach or driving on your golf cart (included in the sale)! This fully furnished, well-built 3-bedroom plus a flex room, 2.5-bathroom home with new roof and AC, perfectly located in the desirable Floridana Beach community of Melbourne Beach. Just steps from the shoreline and nestled between the natural beauty of the Indian River Lagoon State Park and Nancy Higgs Park, this home offers a peaceful retreat. The open floor plan creates a seamless flow, ideal for both relaxation and entertaining. A split-bedroom layout ensures privacy, while the screened porch invites you to savor morning coffee or evening breezes in your private backyard oasis that is fully fenced. A two-car attached garage and a long driveway provide ample parking, accommodating family and friends with ease. The Floridana Beach Civic Association offers optional membership (low fee of $100.00 a year) for access to deeded beach points and a clubhouse.
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| May 17, 2025 | Price Decreased |
$600,000
↓ $10K
(1.6%) | |
| Price Decreased | |||
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About Floridana Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017