25
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746 Preakness Drive
About This Property
This updated 3 bedroom (possible 4th if you add a closet), 2 bath, 2 car garage home has everything you need & more. As you step inside, you'll immediately notice the open concept kitchen/living space with NEW stainless steel appliance suite, perfect for entertaining.
Conveniently located near shopping & parks, this home also offers easy access to the highway, downtown Melbourne, & major job centers. With all of these features & benefits, this home is highly desirable & won't last long on the mar mar
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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 |
|---|---|---|---|
| Jun 15, 2023 | Sold | ||
| Sold | |||
| May 4, 2023 | Listed by COMPASS FLORIDA, LLC | $399,900 | |
| Listed by COMPASS FLORIDA, LLC | |||
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Welcome to this hidden gem in the heart of West Melbourne! Home features a NEWER roof, HVAC system, hot water heater, custom epoxy garage floors, low HOA fees, & large fully fenced back yard with an over-sized screened porch, providing a peaceful oasis for relaxation or entertaining guests. This updated 3 bedroom (possible 4th if you add a closet), 2 bath, 2 car garage home has everything you need & more. As you step inside, you'll immediately notice the open concept kitchen/living space with NEW stainless steel appliance suite, perfect for entertaining. Conveniently located near shopping & parks, this home also offers easy access to the highway, downtown Melbourne, & major job centers. With all of these features & benefits, this home is highly desirable & won't last long.
| |||
| Apr 20, 2023 | Listed by Relentless Real Estate Co. | $399,900 | |
| Listed by Relentless Real Estate Co. | |||
| Mar 3, 2021 | Sold | ||
| Sold | |||
| Dec 19, 2020 | Listed by Relentless Real Estate Co. | $279,900 | |
| Listed by Relentless Real Estate Co. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017