21
Map
814 Creek Avenue
About This Property
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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%.
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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 |
|---|---|---|---|
| May 30, 2024 | Sold | ||
| Sold | |||
| May 2, 2024 | In contract | - | |
| In contract | |||
| Apr 23, 2024 | Listed by Better Homes & Gardens RE Star | $250,000 | |
| Listed by Better Homes & Gardens RE Star | |||
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Generous .20 acre lot, this charming home in Melbourne, FL, offers both modern amenities and natural beauty. The heart of the home is a recently remodeled kitchen with an open floor plan, perfect for entertaining and everyday living. Large windows frame views of the nearby park, visible from the expansive backyard shaded by mature trees. This serene outdoor space invites relaxation and outdoor activities.
Inside, the bathroom has been upgraded with a stylish new shower/tub combination, and the home benefits from a tankless water heater for endless hot water. Located conveniently with easy access to I95 and US1, commuting is a breeze. For beach lovers, a short 15-minute drive (6.2 miles) takes you to the closest sandy beach, making beach days spontaneous and effortless. This home blends convenience with comfort, making it a perfect choice for anyone looking to enjoy the Florida lifestyle. Detached home generator conveys.
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| Sep 10, 2021 | Sold | ||
| Sold | |||
| Jul 22, 2021 | Listed by RE/MAX Aerospace Realty | $198,000 | |
| Listed by RE/MAX Aerospace Realty | |||
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About Indianhead
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017