7
Map
875 Parsons Circle SE
About This Property
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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 21, 2024 | Sold | ||
| Sold | |||
| Jul 29, 2024 | In contract | - | |
| In contract | |||
| Jul 23, 2024 | Listed by RE/MAX Elite | $49,900 | |
| Listed by RE/MAX Elite | |||
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This prime Port Malabar Unit 50 lot, with convenient city water availability, is the perfect canvas for your future. Zoned RS2, this tranquil location offers a myriad of benefits tailored for an exceptional lifestyle.
Nestled close to Bayside Lakes, The Majors Golf Course, and surrounded by reputable schools, restaurants, and a Publix shopping center, you'll have everything you need within reach. Imagine the convenience of running errands or enjoying a delightful meal just minutes from your doorstep.
For beach enthusiasts, the stunning sandy shores of the Atlantic Ocean are merely a 15-minute drive away. Spend your weekends basking in the sun, enjoying the waves, and creating unforgettable memories.
If you're up for a little more adventure, a short 90-minute drive will take you to some of the world's most famous attractions. Whether it's the magic of Disney World, the thrills of Universal Studios, the wonder of Epcot, the wilds of Animal Kingdom, the splashes of Sea World, the excitement of Gator Land, the creativity of Lego Land, or the convenience of Orlando International Airport, everything is within easy reach. Additionally, Vero Beach and historic Cocoa Beach offer their unique charms for a delightful day trip. Don't miss the chance to explore this fantastic opportunity. Drive by and take a look at this exceptional lot in Port Malabar Unit 50. Your dream home is waiting to be realized!
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| Dec 23, 2019 | Sold | ||
| Sold | |||
| Nov 10, 2019 | Listed by Coldwell Banker Realty | $25,000 | |
| Listed by Coldwell Banker Realty | |||
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About Port Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017