7220 N. Highway 1 #103
About This Property
The manager has listed the unit size as 1002 square feet.
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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%.
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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 |
|---|---|---|---|
| Mar 28, 2022 | Sold | ||
| Sold | |||
| Jan 10, 2022 | Listed | $248,000 | |
| Listed | |||
| |||
|
This is a must see FIRST floor condo with an excellent water view located on the Indian River right across from Kennedy Space Center! ! Watch dolphins, manatees, gorgeous sunrises and rocket launches from this adorable 2 bedroom, 2 bathroom condo! Steps away from the pool. Recent bathroom upgrades include vanities, mirrors and light fixtures. Kitchen features stainless steel appliances, granite countertops including built-in microwave. Ceramic tile floors throughout, screened in porch, ceiling fans and window treatments and storm shutters are included. Washer and dryer included. Amenities include tennis, fishing piers, shuffleboard, swimming pools & Jacuzzis' with areas for entertaining ! Lease is in place until August 31. Tenant working on pre-approval to purchase a home.
| |||
| Dec 27, 2021 | No longer available | - | |
| No longer available | |||
| Nov 25, 2021 | Price Decreased |
$251,500
↓ $6K
(2.3%) | |
| Price Decreased | |||
| Oct 11, 2021 | Price Decreased |
$257,500
↓ $2K
(0.6%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/12/2023
|
3 Bed
|
2 Bath
|
-
|
$299,000
3 Bed
2 Bath
|
$295,000
-1.34%
12/18/2023
|
Joshua John
LoKation
| |
|
09/28/2021
|
2 Bed
|
2 Bath
|
1002 ft²
|
$259,000
2 Bed
2 Bath
1002 ft²
|
-
-
|
Natalie Kae Decker
Keller Williams Realty Brevard
| |
|
03/24/2020
|
2 Bed
|
2 Bath
|
-
|
$167,900
2 Bed
2 Bath
|
$166,500
-0.83%
04/23/2020
|
Aida Teague
Keller Williams - Melbourne
| |
|
02/28/2019
|
3 Bed
|
2 Bath
|
-
|
$155,000
3 Bed
2 Bath
|
$155,000
02/28/2019
|
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
| |
|
10/18/2017
|
2 Bed
|
2 Bath
|
-
|
$143,000
2 Bed
2 Bath
|
$135,000
-5.59%
12/08/2017
|
Dawn Haynes
Coldwell Banker Coast Realty
| |
|
07/17/2017
|
3 Bed
|
2 Bath
|
-
|
$134,900
3 Bed
2 Bath
|
$137,043
+1.59%
08/30/2017
|
Carolyn Schumann
Carnu Realty LLC
| |
|
04/18/2016
|
3 Bed
|
2 Bath
|
-
|
$115,900
3 Bed
2 Bath
|
$112,000
-3.36%
05/31/2016
|
Alice Desiongco
Coldwell Banker Coast Realty
| |
|
04/13/2015
|
2 Bed
|
2 Bath
|
-
|
$97,900
2 Bed
2 Bath
|
$96,000
-1.94%
09/16/2015
|
Wayne Deck
Perrone Realty, LLC
| |
|
06/05/2014
|
3 Bed
|
2 Bath
|
-
|
$124,900
3 Bed
2 Bath
|
$118,000
-5.52%
12/12/2014
|
Lisa New Landen
CENTURY 21 Paradise Palm
| |
|
05/01/2014
|
2 Bed
|
2 Bath
|
-
|
$79,900
2 Bed
2 Bath
|
$71,000
-11.14%
07/17/2014
|
Justin K Brown
RE/MAX Elite
| |
|
08/15/2012
|
3 Bed
|
3 Bath
|
-
|
$87,500
3 Bed
3 Bath
|
$77,500
-11.43%
12/28/2012
|
Andrea Simon
Coldwell Banker Realty
| |
|
08/13/2012
|
2 Bed
|
2 Bath
|
-
|
$59,900
2 Bed
2 Bath
|
$59,900
10/01/2012
|
B.J. Johnston
LaRocque & Co., Realtors
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017