9357 S Highway A1a
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 |
|---|---|---|---|
| Apr 23, 2019 | Sold | ||
| Sold | |||
| Oct 20, 2018 | No longer available | - | |
| No longer available | |||
| Oct 16, 2018 | Listed | $1,100,000 | |
| Listed | |||
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Call 321-591-7777 for info or private showing. YES! APPROVED FOR VACATION SHORT-TERM RENTAL! Income Property on the OCEAN & across from RIVER - Melbourne Beach, FLORIDA! This oceanfront paradise is perfection. Two-Story, Pool, & separate Cabana! You'll first be greeted by the beautiful pool & spa area with private cabana/guest suite/game room. Next, upon entering the huge double front doors, you'll immediately enjoy a magnificent view of the ocean. This floor has your eat-in kitchen & formal dining room, half bath, and a huge living area perfect for entertaining. The kitchen has a view of both the pool area and ocean. The step down living area engulfs you with a wall-to-wall picturesque view of the water. Upstairs, the hallway loft overlooks the dining area with two 5'sq. skylights bringing in healthy natural light. All bedrooms have private balconies. It truly is breathtaking. The manager has listed the unit size as 2952 square feet.
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| May 22, 2018 | Listed by The Real Estate Firm of FL,Inc | $1,000,000 | |
| Listed by The Real Estate Firm of FL,Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017