721 Unity Drive
About This Property
fenced yard & new flat roof. Public water, septic which was cleaned out a few months ago.
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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 |
|---|---|---|---|
| May 11, 2020 | Sold | ||
| Sold | |||
| Apr 21, 2020 | Listed by United Realty Group Inc | $209,900 | |
| Listed by United Realty Group Inc | |||
| | |||
|
AMAZING LOCATION! Situated on a quiet cul-de-sac about a half mile to the beach, within walking distance from shopping and restaurants, the sky's the limit with this quaint home! Rev up your imagination and turn it into a great investment property for a Air B&B, vacation home, long term rental or even a fantastic starter home. Home features Hardwood floors in main living areas, tile floors, enclosed front porch, new hot water heater, newer flat roof & fence yard. On public water and septic.
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| Apr 13, 2020 | No longer available | - | |
| No longer available | |||
| Apr 7, 2020 | Price Decreased |
$209,900
↓ $10K
(4.6%) | |
| Price Decreased | |||
| Mar 8, 2020 | Price Increased |
$219,900
↑ $10K
(4.8%) | |
| Price Increased | |||
Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Melbourne
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017