112 Bouganvillea 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 |
|---|---|---|---|
| Apr 10, 2026 | Sold | ||
| Sold | |||
| Mar 25, 2026 | In contract | - | |
| In contract | |||
| Mar 20, 2026 | Listed by Real Broker, LLC | $279,000 | |
| Listed by Real Broker, LLC | |||
| | |||
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Location, Location, Location!
Welcome to an incredible opportunity in one of Rockledge's most desirable and established neighborhoods! Nestled just a short stroll from the scenic shoreline of the Indian River, this classic mid-century ranch is all about lifestyle, potential, and prime positioning.
This home offers the rare chance to own in a high-demand area where location truly drives value. Just one block east are beautiful waterfront homes - imagine evening walks along the river, enjoying breathtaking sunsets, and being just minutes from the vibrant charm of Cocoa Village--known for its boutique shopping, dining, art galleries, and year-round events--all just a 5 minute drive away.
The home sits on a generous near 1/4 acre lot with a large backyard, offering plenty of space to create your own private oasis including lots of room for a pool. The oversized enclosed patio is perfect for entertaining, relaxing, or expanding your outdoor living vision. Inside you will find some of the big ticket items have been updated including the roof in 2016, the AC in 2023 and the wIndows in 2013,
While the home retains its original character and is ready for updates, it presents a fantastic opportunity for buyers looking to renovate, invest, or design their dream home in a premier location.
Conveniently located just minutes from Merritt Island, and close to top Brevard County attractions like Kennedy Space Center, Cocoa Beach, and Brevard Zoo, this property offers both everyday convenience and easy access to some of Florida's most iconic destinations.
Whether you're an investor, or buyer with vision, this is your chance to secure a home in a location that truly can't be replicated.
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| Oct 8, 2021 | Sold | ||
| Sold | |||
| May 7, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017