23
Map
950 Fulton Lane NE
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%.
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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.
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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 |
|---|---|---|---|
| Jul 30, 2024 | Sold | ||
| Sold | |||
| Jul 6, 2024 | In contract | - | |
| In contract | |||
| Jul 2, 2024 | Price Decreased |
$294,000
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Jun 20, 2024 | Price Decreased |
$299,000
↓ $6K
(2%) | |
| Price Decreased | |||
| May 21, 2024 | Listed by Jenkins & Jenkins Real Estate | $305,000 | |
| Listed by Jenkins & Jenkins Real Estate | |||
| | |||
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Don't miss out on this completely updated 3 bed, 2 bath home nestled in Port Malabar! Featuring a split floor plan, delightful barn doors leading to the kitchen, and a bunch of recent upgrades including a new electrical panel, new ductwork, new impact windows on the entire house, a full kitchen remodel, new flooring throughout, new shower plumbing, new vanities & toilets, a new dining room slider, and new ceiling fans. Enjoy added perks like the new shed, the new privacy fence, and impact-rated doors on the carport and Florida room. With new gutters, a newer roof (2019), and AC unit (2019), and NO HOA! This home offers that new construction convenience in a well-developed community. Just 15 minutes from beaches and downtown Melbourne, and a 5-minute walk to Veterans Memorial Park. Also, this home is just a few blocks from the Goode Park boat ramp located on Turkey Creek which leads to the Indian River.
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About Port Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017