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770 MOHAWK AVENUE
About This Property
The primary suite includes a private en-suite bath, while two additional bedrooms share a well-appointed hallway bathroom. An interior laundry room adds convenience and extra storage.
Step outside to enjoy Florida living at its best with a covered and screened-in lanai overlooking the fully fenced backyard-ideal for relaxing, entertaining, or enjoying quiet evenings outdoors. A covered one-car carport provides additional convenience.
Located just minutes from Downtown Melbourne, Eau Gallie, shopping, dining, and the vibrant Eau Gallie Arts District, this home also offers quick access to the Intracoastal Waterway and nearby beaches. Commuters will appreciate the easy access to Melbourne Orlando International Airport, NASA Corporate Centre, I-95, and Patrick Space Force Base.
Move-in ready and ideally located-this home is a wonderful opportunity to enjoy the Florida lifestyle.
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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, 2026 | Sold | ||
| Sold | |||
| May 23, 2026 | In contract | - | |
| In contract | |||
| May 8, 2026 | Price Decreased |
$265,000
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Apr 29, 2026 | Relisted | $269,900 | |
| Relisted | |||
| Apr 22, 2026 | In contract | - | |
| In contract | |||
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About Indianhead
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017