22
Map
716 Lund Circle
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 |
|---|---|---|---|
| Mar 14, 2024 | Sold | ||
| Sold | |||
| Jan 1, 2024 | Listed by Denovo Realty | $355,000 | |
| Listed by Denovo Realty | |||
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This was sold between family and the closed price is due to this sole fact. The home appraised at $292,000 in 2023 and has a estimated true value of $345,000.00!
Remodeled 3 bedroom, 2 bath pool home located in the heart of Melbourne, Florida. This home boasts an open floor plan, complete with luxury vinyl flooring throughout, quartz countertops, SS appliances, and pop-up charging ports in the kitchen's breakfast bar. Conveniently located near the Melbourne Square Mall, Downtown Melbourne, the Melbourne International Airport, and the beaches!
Now Vacant! Roof 2016, AC 2021, Hot Water Heater 2021, Fully re-piped
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| Dec 17, 2023 | No longer available | - | |
| No longer available | |||
| Dec 7, 2023 | Relisted | $355,900 | |
| Relisted | |||
| Sep 29, 2023 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017