975 Kylar Drive NW
About This Property
🏡 New Construction in Palm Bay's Premier Gated Community - St. John Preserve! Only $1,000 Deposit! St. John Preserve, Palm Bay's newest and most desirable gated community, brought to you by the trusted craftsmanship of Adams Homes. This brand-new 4-bedroom, 2-bath home with 2-car garage offers 1,820 sq. ft. of thoughtfully designed living space. ✨ Features Include: Open concept layout with vaulted ceilings for an airy, modern feel. Gorgeous tile flooring throughout the family room. Upgraded kitchen & bathrooms with quartz countertops. Primary suite with a spa-style bathroom featuring recessed tile shower. Irrigation system, Garage door opener installed with 2 remotes. Enjoy exclusive access to the community pool!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| Jun 12, 2025 | In contract | - | |
| In contract | |||
| May 19, 2025 | Price Increased |
$344,618
↑ $1K
(0.4%) | |
| Price Increased | |||
| Mar 22, 2025 | Listed by Adams Homes Realty, Inc. | $343,260 | |
| Listed by Adams Homes Realty, Inc. | |||
Property Highlights
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Price/ft²
Listed On
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About Palm Bay
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017