7
Map
830 Seven Gables Circle SE
About This Property
A 2BR,2BA, 1 Car Garage with city water is waiting just for you in desirable unit 50 just north of Bayside Lakes in Palm Bay. Shopping, schools and golf are just minutes away. The home is well kept and has tile floors in the public areas and wood laminate in the bedrooms. If you are a first time home buyer or a ''Baby Boomer'' ready to downsize you have to see this one. The roof was replaced in 2005 and the home is outfitted with storm shutters.
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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 |
|---|---|---|---|
| Aug 13, 2018 | Sold | ||
| Sold | |||
| Jul 5, 2018 | Listed by Indian River Realty | $129,900 | |
| Listed by Indian River Realty | |||
Property Highlights
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About Port Malabar
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Last Updated: 3 months ago
Data Source: Space Coast MLS, MLS# 818341
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