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Map
755 John Carroll Lane
About This Property
Seller is offering a $5,000 credit toward the buyer's closing costs and prepaid expenses at closing.
Conveniently located in West Melbourne, this home offers the updates, outdoor space, and value today's buyers are looking for. Schedule your private showing today!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 13, 2026 | Price Decreased |
$329,900
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Oct 23, 2026 | Price Decreased |
$334,999
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Sep 28, 2026 | Price Decreased |
$339,999
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Sep 10, 2026 | Listed by Denovo Realty | $345,000 | |
| Listed by Denovo Realty | |||
| Feb 12, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017