6945 Highway A1a
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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 |
|---|---|---|---|
| Apr 29, 2022 | Sold | ||
| Sold | |||
| Feb 12, 2022 | Listed by BHHS Florida Realty | $1,290,000 | |
| Listed by BHHS Florida Realty | |||
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COME BUILD YOUR DREAM BEACH HOME. .36 ACRE OCEANFRONT. LOCATED IN THE SOUTH BEACHES. THE BEACHES ARE ALMOST PRIVATE IN THIS AREA. SITUATED IN THE MIDDLE OF MELBOURNE & VERO BEACH.
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| Jul 17, 2020 | Sold | ||
| Sold | |||
| Dec 5, 2019 | Listed by One Sotheby's International | $545,000 | |
| Listed by One Sotheby's International | |||
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Oceanfront lot cleared and ready for your new home. City water available (meter on lot) Well has also been installed. Across from South Beach community park. Midway between Ocean ave and Sebasitan Inlet State Park. The dune is healthly with no large sea grapes for best ocean views even on the first floor. Some coconuts and other palms planted on property to start your landscape. Survey on File.
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| Nov 8, 2019 | No longer available | - | |
| No longer available | |||
Property Highlights
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About Brevard
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017