23
Map
724 Gardenia Drive
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 |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Jan 5, 2025 | In contract | - | |
| In contract | |||
| Dec 15, 2024 | Listed by Atlantic Properties & Inv, Inc | $225,000 | |
| Listed by Atlantic Properties & Inv, Inc | |||
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3/2 (plus den) concrete block home conveniently located near US1, with Downtown Melbourne just minutes away and a short drive to local beaches.
Kitchen partially updated with coffee bar w/ butcher block countertop, large primary shower, and plenty of charm make this sweet home stand out from the rest. Plenty of outdoor space to enjoy the Florida sunshine, with a powered utility shed in the backyard.
Whether you're a family, an individual, or an investor and you are looking for a vacation home or your forever home, this property has something for everyone.
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| May 13, 2019 | Sold | ||
| Sold | |||
| Mar 4, 2019 | Listed by RE/MAX Elite | $159,900 | |
| Listed by RE/MAX Elite | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017