690 Lorraine
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 |
|---|---|---|---|
| Jun 26, 2024 | Sold | ||
| Sold | |||
| May 31, 2024 | In contract | - | |
| In contract | |||
| May 13, 2024 | Listed by REGENCY REAL ESTATE LLC | $329,500 | |
| Listed by REGENCY REAL ESTATE LLC | |||
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Discover coastal living at its finest in this newly renovated gem nestled in Melbourne, Florida. This stylish retreat boasts a brand new kitchen, remodeled bathrooms, and luxury plank flooring throughout, creating a modern and inviting atmosphere. With a brand new roof and AC, this home offers both comfort and peace of mind. Located in a prime coastal area near beaches and entertainment, this property is the epitome of Florida living. Experience the perfect blend of elegance and relaxation in this coastal haven.
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| Jan 3, 2024 | Sold | ||
| Sold | |||
| Feb 13, 2013 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017