984 Placid Drive
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 22, 2020 | Sold | ||
| Sold | |||
| Sep 23, 2019 | Listed by Keller Williams Realty Brevard | $650,000 | |
| Listed by Keller Williams Realty Brevard | |||
| Jul 26, 2019 | No longer available | - | |
| No longer available | |||
| Jan 23, 2019 | Price Decreased |
$824,900
↓ $5K
(0.6%) | |
| Price Decreased | |||
| Oct 26, 2018 | Listed | $829,900 | |
| Listed | |||
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A true hidden gem in the heart of Melbourne, conveniently located close to everything! This direct riverfront 2 story house which was built in 1957 then rebuilt in 2003 to be more modern combines old world charm with modern convenience. Property boasts an open floorplan with great views of the river from both floors and also has 2 private screened-in balconies upstairs as well as the open air patio out back. Very nice custom pool completes the back yard and property comes with a private boat dock and boat lift. With a 3 car garage, a spacious auto court, as well as additional boat storage on the side of the house, there is plenty of room to bring all of your toys. The best part is, all of this luxury and convenience with no HOA! Come take a look today. The manager has listed the unit size as 3008 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017