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7221 Ralston Street
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 |
|---|---|---|---|
| Oct 30, 2024 | Sold | ||
| Sold | |||
| Sep 27, 2024 | In contract | - | |
| In contract | |||
| Sep 24, 2024 | Listed by Keller Williams Realty Brevard | $440,000 | |
| Listed by Keller Williams Realty Brevard | |||
| | |||
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Welcome to 7221 Ralston Street, your dream retreat in the heart of Viera, Melbourne, FL—a stunning duplex tailored for the 55+ community, offering an exceptional blend of luxury, comfort, and convenience.
Step into this beautifully maintained home and be welcomed by an open floor plan that effortlessly unites the living, dining, and kitchen areas. Rich wood floors and an elegant electric fireplace with a stone surround add warmth and charm, creating the perfect setting for relaxation or hosting friends.
The kitchen, a haven for any culinary enthusiast, features granite countertops and a stylish backsplash, ideal for crafting gourmet meals. Enjoy your creations on the extended lanai, complete with tile flooring and ceiling fans to keep you cool during warm Florida evenings. This home features three spacious bedrooms and two tastefully remodeled bathrooms. The master suite offers a large walk-in shower for ultimate comfort. Freshly painted interiors provide a modern and inviting atmosphere throughout.
The 2018 HVAC system and brand-new 2023 hot water heater and accordian shutters ensure year-round comfort and peace of mind. Parking is a breeze with two dedicated spaces.
The hoa has approved exterior paint and a new roof to be completed in 2025.
Within the secure, gated community, you'll find a 24-hour guard gate, offering added peace of mind. The HOA takes care of the lawn, roof, and exterior, leaving you free to enjoy life. Take a dip in the community pool, play a round of tennis, or try your hand at pickleballall just steps from your front door.
7221 Ralston Street is more than a home; it's a lifestyle. Embrace the elegance and ease of life in Viera's vibrant 55+ community!
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| Oct 1, 2018 | Sold | ||
| Sold | |||
| Aug 3, 2018 | Listed by RE/MAX Solutions | $289,000 | |
| Listed by RE/MAX Solutions | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017