905 Poplar Lane
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 |
|---|---|---|---|
| May 14, 2026 | Sold | ||
| Sold | |||
| Apr 1, 2026 | In contract | - | |
| In contract | |||
| Mar 26, 2026 | Price Decreased |
$225,000
↓ $9K
(3.9%) | |
| Price Decreased | |||
| Feb 27, 2026 | Price Decreased |
$234,000
↓ $5K
(2.1%) | |
| Price Decreased | |||
| Feb 5, 2026 | Listed by Weichert REALTORS Hallmark Pro | $239,000 | |
| Listed by Weichert REALTORS Hallmark Pro | |||
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PRICED TO SELL! OPPORTUNITY ZONE! Calling all investors, students & first time home buyers alike.... Welcome Home! This 4 bedroom, 2 bathroom property is ready for new owners! A large corner lot, UPDATED electrical, plumbing, roof & A/C ALL IN 2022! NO CARPET! NEW washer & dryer. Ceiling fans throughout & stainless steel appliances with
WOW bathrooms that showcase updated tile and vanities too! A bonus room will allow you freedom to design your oasis as you see fit. Use the sidewalks to take a walk to the park or drive minutes to Downtown Melbourne with all the BEST restaurants & nightlife the area has to offer. OR perhaps a beach day & fishing in the Atlantic Ocean & Intracoastal Waters is more your style? Well you can have it ALL! Everything is in CLOSE proximity! Possible 5 bedroom rentibility.
Light & BRIGHT, city water & sewer. NO HOA and close to FIT, FLORIDA TECH, Palm Bay High School & currently zoned for Meadowlane Elementary School too.
HUGE TAX INCENTIVES FOUND HERE!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017